Morocco mobile payments more than double to MAD 3.9 billion

In Casablanca Morocco, mobile payments expanded sharply over the past year as digital financial services gained wider adoption across consumers and businesses. Total transaction value reached MAD 3.9 billion, more than doubling compared with previous levels. The number of operations increased from 9.7 million in 2023 to 19.7 million in 2025,......

Aya Gold and Silver reports high grade results at Zgounder mine

Aya Gold and Silver has announced new high grade silver intercepts from its Zgounder mine in Morocco. The results come from an ongoing drilling program focused on deeper exploration zones and areas surrounding current mining operations. The company said the findings reinforce the continuity of mineralization across the deposit. Recent drilling......

Stellantis invests over one billion euros to revive Peugeot

Stellantis has committed more than one billion euros to its operations in France, targeting research and development as well as the future production of three electrified Peugeot models. The vehicles are scheduled to be manufactured at the Mulhouse plant starting in 2029, marking a long-term industrial repositioning for one of the group’s......

Fiat unveils Fastback and Grizzly SUVs for global markets

FIAT has revealed the first official images of two upcoming models, the Fastback and Grizzly, as part of a renewed strategy to strengthen its position in the global SUV segment. Both vehicles target the C segment and aim to expand the brand’s reach in family-oriented mobility across multiple regions. The two models share a global platform......

Morocco initiative tackles food waste through digital redistribution platform

Food waste has become a structural challenge in Morocco with social and environmental effects. Data from the Economic, Social and Environmental Council indicate that more than four million tons of food are discarded each year. This represents around 113 kilograms per person annually and reflects a persistent imbalance between surplus and need......

Morocco auto market growth slows as electrification accelerates

The Moroccan automotive market continued its upward trajectory in May 2026, but at a slower pace than earlier in the year. New vehicle registrations reached 23,037 units, marking a 2.81 percent increase compared with the same month in 2025. The figures reflect a market that is still expanding, yet losing some of the momentum seen in previous......

Morocco appoints 21 new consuls general across global network

Morocco has appointed 21 new consuls general as part of a 2026 diplomatic mobility operation aimed at renewing its consular network and expanding administrative coverage for Moroccan communities abroad. The appointments followed an open call for applications and account for 35 percent of the kingdom’s consular posts. The new postings......

Morocco housing aid program reaches 105,000 beneficiaries under 40

Morocco’s direct housing assistance program has exceeded 105,000 beneficiaries since its launch in 2024, with young people under the age of 40 making up more than half of recipients. The initiative aims to expand access to homeownership by providing direct financial support to eligible buyers across the country. Officials reported that......

Morocco elevates water sovereignty as national strategic priority

Morocco has placed water sovereignty at the center of its long-term development agenda, framing water management as a core element of national resilience. Officials underlined that water policy now extends beyond technical resource allocation and sits within broader questions of economic stability, food security, and territorial cohesion.......

Morocco expands logistics network to boost trade exports

Morocco is advancing a national strategy to modernize its logistics system and strengthen its role as a trade gateway between Europe, Africa and Atlantic markets. The plan focuses on digital transformation, port expansion and the creation of new maritime routes to improve the speed and efficiency of goods movement. Authorities are prioritizing......

Morocco targets trade and tech growth ahead 2030 World Cup

Morocco is using preparations for the 2030 FIFA World Cup as a driver of economic transformation, aiming to attract investment, accelerate technology transfer, and expand industrial capacity. The strategy builds on growing international interest, with the United Kingdom emerging as a key partner in trade and business development. Officials......

Aziz Akhannouch represents His Majesty King Mohammed VI at national tribute to Edgar Morin In Paris

Morocco’s Head of Government, Aziz Akhannouch, represented His Majesty King Mohammed VI on Wednesday during the national tribute ceremony held in Paris in honor of French philosopher and writer Edgar Morin, who passed away on May 29 at the age of 104. The ceremony took place at the Hôtel National des Invalides under the presidency......

Moulay Hafid Elalamy takes control of Swedish bank stake

Moroccan businessman Moulay Hafid Elalamy has taken 92.3 percent control of Arktika Capital AB, a Sweden based licensed credit institution focused on distressed debt. His son, Moulay Mhamed Elalamy, has been appointed chief executive officer of the company. The stake is held through a network of investment vehicles linked to Saham Group.......

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