Economy
Bank Of Africa (BOA) has been named Best Bank in North Africa during the 2026 edition of the African Banker Awards held in Brazzaville. The prestigious awards recognize the leading institutions and personalities that have contributed to the growth and development of Africa’s banking and financial......
Maroc PME is preparing a large-scale national roadshow across Morocco’s twelve regions as part of the implementation of the new TPME Pact, an ambitious program designed to strengthen and modernize very small and medium-sized enterprises. Following its official presentation in Rabat in April, the......
Morocco's Kenitra-Marrakech high-speed rail line has surpassed 30% completion, with the project remaining on schedule for delivery in September 2029, according to the country's Minister of Transport and Logistics, Abdessamad Kayouh. The minister delivered the update before the House of Representatives......
Moroccan mining group Managem has signed a binding agreement to purchase 100% of Sound Energy Meridja Limited (SEML), the vehicle through which UK-listed Sound Energy Plc held its residual 20% interest in the Tendrara gas concession in eastern Morocco. The $57 million deal marks Sound Energy's complete......
Chinese medical technology company Jiangsu Aishelun Medical Technology Group has begun construction of its first manufacturing facility on the African continent, located at Mohammed VI Tanger Tech City in northern Morocco. The project is being developed through the company's Moroccan subsidiary,......
Crédit du Maroc delivered a strong financial performance in the first quarter of 2026, with its consolidated net income attributable to the group climbing 37.2% year-on-year to reach 272 million dirhams, up from 198 million dirhams during the same period in 2025. The results, reviewed by the Supervisory......
A Brazilian trade mission composed of six companies from different economic sectors is scheduled to visit Morocco from June 10 to 13 in an effort to explore new business opportunities and strengthen bilateral partnerships between the two countries. The initiative is being organized by the Arab-Brazilian......
Morocco's cement sector posted a sharp recovery in April 2026, with sales climbing 31.8% compared to the same month a year earlier, according to data released by the Directorate of Financial Studies and Forecasts (DEPF). The figure marks a return to the growth pace recorded during the equivalent......
Morocco's air transport sector posted a 17.8% increase in passenger traffic in March 2026, a sharp acceleration compared to the 9.8% growth recorded during the same month a year earlier. The figures, released by the Directorate of Studies and Financial Forecasts, confirm that the country's aviation......
Morocco's manufacturing sector recorded a 0.3% increase in producer price index in April 2026 compared to the previous month, according to data released by the High Commission for Planning (HCP). The overall rise was driven primarily by price gains in the food and chemical industries, even as several......
Mehdi Tazi, newly appointed president of the General Confederation of Moroccan Enterprises, called for a major shift in how Morocco’s diaspora engages with the national economy during an investment forum in Tangier. He urged a move away from traditional family remittances toward structured productive......
Attijariwafa Bank has officially unveiled “Simple”, presented as the first neobank in Morocco, marking a new milestone in the country’s banking and digital transformation landscape. The launch event took place in Casablanca and highlighted the group’s ambition to modernize banking......
Africa faces a widening gap between climate commitments and available funding. A new policy analysis by Harrison Rehoboth Consulting, based on data from the Climate Policy Initiative, estimates that the continent needs about 2.8 trillion dollars between 2020 and 2030 to meet its Paris Agreement goals.......
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