Economy
Morocco has strengthened its foothold in the German citrus market, posting record shipments of mandarins and clementines during the 2024/2025 export season. Trade data indicate that the country is moving beyond its traditional destinations and consolidating its position in Europe’s largest economy,......
Morocco has secured $1.77 billion in funding from the World Bank’s International Bank for Reconstruction and Development (IBRD) during the 2025 fiscal year, positioning itself as the 8th largest IBRD borrower globally. This achievement underscores the country’s growing economic collaboration......
European fintech startup Zazu has raised $1 million in pre-seed funding to accelerate its expansion into Morocco and South Africa, with plans for a broader Africa-wide rollout starting in 2026. The company, founded in 2024 by former Solarisbank executives Rinse Jacobs and Germain Bahri, offers an all-in-one......
Morocco is setting its sights on inclusive development by leveraging its energy sector and advancing smart technologies. Speaking in Casablanca at Elec Expo, EneR Event, and Tronica Expo 2025, Omar Hejira, Secretary of State to the Minister of Industry and Trade, emphasized the need to enhance the electricity......
Billionaires in the G20 countries earned a staggering $2.2 trillion in 2024, an amount that surpasses the $1.65 trillion needed to lift 3.8 billion people out of poverty worldwide, according to a report by Oxfam released ahead of the G20......
EKTAR, a leading Moroccan real estate investment firm, has successfully raised over MAD 1 billion ($100 million) in its inaugural fundraising round, partnering with family offices and institutional investors. The funds will be used to develop a premium residential project featuring ELIE SAAB-branded......
Morocco has achieved an unprecedented milestone in its lemon exports to the United Kingdom, shipping 1,200 tons between November 2024 and August 2025. This record-breaking achievement, valued at MAD 9.6 million ($920,000), reflects a 40-fold increase compared to the previous season, according to EastFruit.......
Morocco has achieved a remarkable milestone in the global grapefruit market, doubling its exports to Canada to 1,500 tonnes and generating $1.67 million during the 2024–2025 season. This success solidifies Morocco’s growing presence in a market that has been in long-term decline. According......
Morocco remains one of Africa’s most attractive investment destinations, according to the Where to Invest in Africa 2025/26 report released by South Africa’s Rand Merchant Bank (RMB) on Monday. The North African nation secured a spot in the continent’s top five economies for investors,......
South Africa is advancing plans to construct its second-largest airport just outside Cape Town, with the Cape Winelands Airport project marking a significant milestone in the nation’s infrastructure expansion. The development, estimated at $430 million (approximately R8 billion), is slated to begin......
Morocco’s leading urban centers are gaining prominence as some of Africa’s priciest rental markets, underscoring significant shifts in the continent’s housing dynamics. Recent data from Numbeo, a global cost-of-living database, places three Moroccan cities among the 20 most expensive......
Morocco’s Tanger Med Port has reaffirmed its stature as one of the world’s most efficient container ports, ranking fifth in the 2024 Container Port Performance Index (CPPI), jointly published by the World Bank and S&P Global Market Intelligence. However, the port has ceded its long-held......
Rabat, Morocco – Morocco has climbed to fifth place in Africa for the number of active data centers, according to a report by Heirs Technologies. With eight operational data centers, the country shows a growing digital capacity driven by targeted investments and expanding connectivity. The 48-page......
