Economy
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.......
Morocco has strengthened its position in the global fresh tomato trade, maintaining its lead over Spain for a fourth consecutive year in export volumes and widening its advantage in value for a second year. The shift reflects a broader realignment in agricultural competitiveness between the two countries,......
Morocco has awarded the Made in Morocco label to nearly 80 industrial companies in Casablanca, marking a new step in a national strategy to strengthen domestic production and enhance the global competitiveness of local industry. The certification ceremony was held under the supervision of the Minister......
Construction has begun on a major solar energy initiative in Morocco involving four photovoltaic power plants under the Noor Atlas program, marking a new phase in the country’s renewable energy expansion. Eiffage, through its energy systems subsidiary, is responsible for the design, supply, construction,......
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