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Economy
Morocco has solidified its position as a major supplier in the European Union’s tomato market, recording a 40% increase in exports over the past decade. During the 2024/2025 campaign, Moroccan tomato exports reached 568,370 tons, accounting for 19.63% of the EU’s total imports and generating......
Morocco’s renewable energy potential could meet up to 50% of the European Union’s electricity demand, according to Ryad Mezzour, Morocco’s Minister of Industry and Commerce. In an interview with Italian newspaper La Verità, Mezzour highlighted Morocco’s ability to mobilize......
Morocco has secured a €100 million loan from the OPEC Fund for International Development, marking another step forward in its efforts to strengthen economic governance and combat the challenges posed by climate change. This funding, part of the Program to Support Economic Governance and Climate......
Marsa Maroc has finalized a major agreement with Chinese manufacturing giant ZPMC to supply 18 next-generation container gantries, as part of its strategic push to enhance Moroccan port infrastructure under its “Marsa 2030” vision. The deal was concluded during a meeting in Casablanca between......
The General Confederation of Moroccan Enterprises (CGEM) and the Confederation of Industrial Chambers of Mexico (CONCAMIN) signed a memorandum of understanding (MoU) on Monday in Mexico City, marking a significant step toward strengthening economic and industrial cooperation between the two nations. Strategic......
Morocco’s annual inflation rate dropped to 0.3% in August 2025, down from 0.5% in July, marking the lowest rate since April 2024, according to the High Commission for Planning (HCP). This reflects an ongoing easing of price pressures, despite notable increases in specific consumer costs. Consumer......
INNOVX has secured $110 million in financing from Bank of Africa to support the development of its subsidiary, Fluoralpha, which is spearheading a groundbreaking project in Jorf Lasfar, Morocco. This initiative focuses on recovering fluorine from Moroccan phosphate rocks, reinforcing Morocco’s......
Morocco presented its innovative public-private partnership (PPP) model on Sunday during the “Public-Private Partnership Summit for Change” in New York. The high-profile event, held just before the UN General Assembly’s high-level week, brought together global business leaders and senior......
Casablanca is set to play host to one of the most ambitious industrial transformations in Morocco’s recent history. On September 21, 2025, INNOVX announced that its subsidiary Fluoralpha has secured over one billion dirhams (USD 110 million) in strategic financing from Bank of Africa, paving the......
The Moroccan government has fallen significantly short of its ambitious promise to create one million jobs during its current term, according to a new report by the Omega Center for Economic and Social Studies. Despite some gains in urban employment, the country has experienced a net loss of 99,000 jobs......
A recent controversy has stirred public debate in Morocco after reports surfaced of cafés in major cities and tourist areas asking customers to renew their orders after one or two hours, or even limiting the time they can remain seated. Traditionally, cafés have been more than just places......
The General Confederation of Moroccan Enterprises (CGEM), led by its president Chakib Alj, is undertaking a high-level economic mission to Mexico from September 22 to 25, 2025. Organized in close collaboration with the Embassy of Morocco in Mexico City, the visit aims to strengthen economic and trade......
TotalEnergies Morocco is projected to achieve a potential stock market appreciation of +32% over the next 12 months, according to estimates by Attijari Global Research (AGR). In its September Equity Report, AGR highlighted that preliminary indicators from the company’s first-half 2025 performance......
