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Economy
At the 20th India-Africa Business Conclave in New Delhi, Morocco presented its national energy strategy, highlighting a $12 billion investment plan through 2030. The initiative aims to increase renewable energy’s share to over 52% of the national electricity mix and develop a competitive green......
Morocco has reduced its cereal imports by 11% during the first seven months of 2025, signaling a push for more strategic grain management and food security measures. According to the National Federation of Cereal and Vegetable Traders, the country imported 5.847 million tons of cereals between January......
A new report highlights persistent wage inequalities in Morocco, revealing that women in the private sector earn 42.8% less than men—equivalent to three months of unpaid work per year. The national gender pay gap is estimated at 23%, confirming that professional equality remains a major challenge. The......
Mining company Critical Mineral Resources PLC (CMR) has announced significant progress at its Agadir Melloul copper project, located roughly 240 kilometers east of Agadir, Morocco. The company has secured new permits, exclusivity agreements, and plans to commence drilling within the next two weeks, marking......
Morocco has solidified its position as a key player in the global energy and industrial transition, capturing more than 90% of cobalt production and consumption across the Middle East and North Africa (MENA). This dominance underscores the country’s pivotal role in supply chains for critical minerals,......
Moroccans spent nearly MAD 1 billion ($100 million) on rejected Schengen visa applications in 2024, sparking outrage over the financial and emotional toll of the process. Parliamentary debates have intensified, with lawmakers denouncing excessive fees, opaque procedures, and systemic barriers that disproportionately......
Morocco has solidified its position as a key player in the global automotive sector, with production figures reaching an impressive one million vehicles in 2025. This milestone places the country among the world’s top fifteen automotive manufacturers and establishes it as Africa’s leading......
Morocco has solidified its position as the third wealthiest nation in Africa, boasting approximately 7,500 millionaires, according to the Africa Wealth Report 2025 by Henley & Partners in collaboration with New World Wealth. This achievement highlights the country’s economic resilience and......
Morocco Strategic Minerals Corporation (TSXV: MCC) has reported significant results from its July sampling program at the Tifernine Copper Project, located southeast of Ouarzazate in Morocco. The Canadian exploration company highlighted high-grade copper mineralization across multiple structures within......
Morocco continues to dominate as Spain’s primary natural gas importer, solidifying its position in June 2025, according to the latest data from the Corporación de Reservas Estratégicas de Productos Petrolíferos (Cores). Morocco leads natural gas imports from Spain In June,......
The Asian Infrastructure Investment Bank (AIIB) has approved a $200 million loan to enhance Morocco's resilience to climate change, the Chinese Embassy in Morocco announced on Tuesday. The funding will support Morocco’s Nationally Determined Contribution (NDC) program, a cornerstone of the......
The National Office of Electricity and Drinking Water (ONEE) has launched a critical project aimed at addressing water scarcity in the Souss-Massa region. With a $13.2 million investment, this initiative seeks to secure the drinking water supply for Greater Agadir, aligning with Morocco's broader......
Morocco’s banking sector saw a marginal decline in liquidity needs, with demand falling 0.88% in July to an average of MAD 113 billion ($12.53 billion), compared to MAD 114 billion ($12.66 billion) in June. Bank Al Maghrib (BAM), the country’s central bank, intervened with a total of MAD......
