Economy
A new report suggests that Fortescue, the UK-based firm led by Andrew Forrest, is pursuing a transformative power link project aimed at connecting Europe and North Africa. This initiative, detailed by the Telegraph, could see Morocco emerge as a crucial hub for the transmission of clean energy. The......
Spain has committed €340 million (approximately MAD 3.65 billion) to construct Africa’s largest desalination plant in Casablanca, a significant move aimed at addressing the region's water scarcity challenges. This financial agreement was formalized during a ceremony attended by Spain’s......
Following interest from the United States, the United Arab Emirates is reportedly set to co-fund a monumental $25 billion initiative to construct the Morocco-Nigeria gas pipeline. This ambitious project aims to enhance energy cooperation across Africa and establish Morocco as a pivotal regional hub for......
Casablanca is set to welcome innovators, decision-makers, and urban visionaries from across Morocco and Africa on May 21–22, as the city hosts the long-awaited 9th edition of Casablanca Smart City. This event stands as a testament to the city’s growing role in shaping the urban future of......
In recent years, Morocco has seen a notable increase in the number of Chinese tire manufacturers establishing their operations within the country. This surge is part of a broader strategy to attract foreign investment and diversify international partnerships, particularly in vital sectors such as the......
Moroccan Minister of Energy Transition and Sustainable Development, Leila Benali, has proclaimed that Morocco is on a determined path to emerge as a regional hub for renewable energy and strategic minerals. Her remarks came during the 4th edition of the Europe-Africa Forum held in Marseille, where Morocco......
BMCI is set to become the first bank in Morocco to receive a comprehensive €65 million Green Economy Financing Facility (GEFF) Plus package, marking the EBRD’s fifth partnership with the institution since Morocco became an investee economy in 2012. The European Bank for Reconstruction and......
Morocco has officially transitioned from “medium human development” to “high human development” status, as revealed in the 2025 Human Development Index (HDI) released by the United Nations Development Programme (UNDP). This significant milestone comes as the North African nation......
Morocco’s postal service and architects have joined forces to transform architectural practices through digital innovation. Barid Al-Maghrib (Poste du Maroc) and the National Council of the Order of Architects (CNOA) recently signed a pivotal partnership agreement aimed at advancing digitalization......
In a landmark development for Moroccan aviation, Airbus is set to become a supplier for Royal Air Maroc (RAM), marking a significant departure from the airline's traditional reliance on Boeing and ATR. This partnership promises to reshape the national carrier's fleet and position it as a major......
Morocco’s unemployment rate has experienced a notable decrease of 0.4% in the first quarter of 2025, dropping from 13.7% to 13.3% compared to the same period last year, as reported by the Higher Commission for Planning (HCP). This improvement is attributed to the creation of 282,000 jobs, marking......
Morocco’s Agriculture Minister Ahmed El Bouari emphasized the significance of the Dakhla seawater desalination plant during his recent visit to the region. The minister characterized the project as innovative, environmentally sustainable, and socially inclusive. This initiative aims to establish......
In a significant effort to enhance trade relations, a delegation of Moroccan exporters is poised to visit Cairo this weekend. This initiative aims to explore new business opportunities and bolster the exchange of goods between Morocco and Egypt, as stated by the Moroccan Confederation of Exporters (ASMEX). Comprising......
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