Economy
The National Office of Electricity and Drinking Water (ONEE) has initiated a tender for constructing a hybrid solar-diesel power plant with battery storage in El Guerguarat, marking a significant step in Morocco's renewable energy transition. The project, with an estimated cost of MAD 61.8 million......
Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......
Morocco will host its inaugural Agro Export Day on November 19, 2025, at the Hyatt Regency Casablanca. Organized by the National Federation of the Agri-Food Industry (FENAGRI), the event aims to elevate Moroccan agro-food exports and highlight the sector’s global competitiveness under the theme:......
Morocco has made a remarkable comeback in its potato export industry during the 2024-2025 season, following five years of declining performance. Between July 2024 and May 2025, the country exported 42,900 tons of consumer potatoes valued at $14.9 million, representing a 5.7-fold increase compared to......
In just two decades, the financial dynamics of sub-Saharan Africa have undergone a seismic shift. European banks, once dominant in the region, are retreating, leaving room for African institutions—led by Moroccan banks—to expand their influence and reshape the landscape of African banking. European......
The Moroccan National Airports Authority (ONDA) has introduced a groundbreaking change by integrating two specialized programs from the Mohammed VI International Academy of Civil Aviation directly into the National Common Entrance Exam (CNC). The programs—Air Navigation Control (CNA) and Electronics......
Société Générale’s latest divestment in Africa A consortium of investors, including Enko Capital and Oronte, has finalized the acquisition of Société Générale’s Mauritanian retail banking subsidiary. Announced on Monday, this move marks......
Morocco has achieved a significant milestone in the global blueberry market, climbing from seventh to fourth place in export rankings within a single year, according to Agraria Pe. This rapid ascent reflects the country’s strategic efforts to position itself as a key player in the industry. In......
The net assets of Undertakings for Collective Investment in Transferable Securities (UCITS) in Morocco stood at 789.77 billion dirhams (MAD) as of August 1, 2025, reflecting a weekly decline of 0.80%, according to the Moroccan Capital Markets Authority (AMMC). By category, medium- and long-term bond......
Morocco’s industrial sector maintained a stable business environment in the second quarter of 2025, with most companies reporting normal operating conditions, according to the latest survey by Bank Al Maghrib (BAM). The findings show steady performance across key industries, despite sector-specific......
Morocco’s ambitious Forsa entrepreneurship program, launched in 2022 with a budget exceeding MAD 1.25 billion ($138.28 million), has come under fire for significant implementation issues, raising doubts about its effectiveness in supporting young entrepreneurs. Intended to provide interest-free......
Morocco’s watermelon exports to France have seen a dramatic rise, increasing by 155% over the past decade, according to new data compiled by COMTRADE and shared by Hortoinfo. In 2015, Morocco exported 23.96 million kilograms of watermelons to France, a figure that soared to 61.13 million kilograms......
The volume of outstanding bank credit in Morocco reached 1,175.5 billion dirhams by the end of June 2025, reflecting an annual growth of 5.8%, according to the latest figures released by Bank Al-Maghrib (BAM). This increase includes a 4.4% rise in loans granted to non-financial agents and a significant......
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