Economy



Italy grants €100 million funding to Morocco for national water strategy support

Italy has approved a €100 million sovereign financing package for Morocco to support the implementation of its national water strategy, as part of Rome’s Mattei Plan aimed at strengthening economic and development partnerships with African countries. The funding, included in an Italian government......

Mastercard adds Morocco to exclusive African travel platform to boost tourism

Mastercard has expanded its global Priceless platform to Morocco, making the country one of the first African destinations to be featured in the exclusive travel and lifestyle program. The initiative is designed to promote Morocco's tourism potential by offering cardholders access to unique cultural,......

Morocco and World Bank Launch 10-Year Partnership to Boost Growth and Employment

Morocco and the World Bank have launched a new 10-year partnership framework aimed at supporting the country's long-term economic transformation, strengthening the private sector, and creating more employment opportunities. The agreement reflects a shared commitment to building a more competitive,......

World Bank says family responsibilities continue to limit women's participation in Morocco's labor market

The World Bank has identified greater female participation in Morocco's labor market as a key driver of long-term economic growth, emphasizing that social and family responsibilities continue to prevent many women from entering or remaining in the workforce. In its Country Partnership Framework......

Morocco accelerates wind energy projects to strengthen energy independence by 2030

Morocco is accelerating investment in wind energy as part of its long-term strategy to strengthen energy independence and expand the role of renewable sources in its electricity mix. The country aims to have renewable energy account for 52% of its installed electricity generation capacity by 2030, reinforcing......

Morocco expands summer 2026 air capacity with 8.2 million seats

Morocco is significantly expanding its air transport capacity for the summer 2026 season, reinforcing its ambition to become a leading aviation hub connecting Africa, Europe, the Americas, Asia, and the Middle East. The new seasonal program is designed to meet growing passenger demand while facilitating......

Morocco strengthens its automotive industry with competitive production costs

Morocco has further strengthened its position as one of the leading automotive manufacturing hubs serving the European market, supported by competitive production costs, expanding industrial infrastructure, and growing foreign investment in the sector. Recent industry data indicate that Renault's......

BCP schedules temporary maintenance affecting digital banking and card services on July 13

Banque Centrale Populaire (BCP) has announced a scheduled maintenance operation that will temporarily interrupt several of its banking services during the early hours of Monday, 13 July 2026. The planned intervention is part of the bank’s ongoing efforts to enhance the performance and reliability......

German Chamber of Commerce and Industry in Morocco appoints Silke Kunstreich as new Managing Director

The German Chamber of Commerce and Industry in Morocco (AHK Morocco) has appointed Silke Kunstreich as its new Managing Director, bringing extensive international experience in business development, marketing and strategic communications to one of the leading institutions promoting German-Moroccan economic......

Morocco highlights integrated peace, security and development strategy at Africa policy conference in Kenya

Morocco is reaffirming its commitment to an African-led approach to sustainable peace and development by participating in the Second Political Conference on the Peace-Security-Development Nexus, taking place on July 11–12 in Mombasa, Kenya. The gathering brings together African institutions and......

Morocco accelerates digital payments agenda as consumer trust takes center stage

The future of digital payments in Morocco took center stage during the seventh edition of Moroccan Consumer Day in Casablanca, where industry leaders agreed that the country now possesses the regulatory and technological foundations needed to accelerate the transition toward a more digital economy. While......

Brazil Keeps 32% Tariff on Moroccan Sardines Despite Rising Imports

The Brazilian government has decided to maintain a 32% tariff on canned sardine imports, rejecting a request to establish a nine-month tariff-free quota of 7,500 tons. This decision, announced by the executive secretariat of the Foreign Trade Chamber (Camex), comes after reviewing a request submitted......

Money Laundering: Over 200 million dirhams in fines imposed by moroccan judiciary in 2025

The Moroccan judiciary continues to strengthen its framework for combating financial crime. During an international conference held in Tangier, the delegated president of the Supreme Council of the Judiciary (CSPJ), M'Hammed Abdenabaoui, presented a report indicating progress in the results achieved......

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