Economy



Souss-Massa: A 15 Billion Dirham Desalination Project to Strengthen Water Security

The Souss-Massa region is set to welcome a new strategic infrastructure aimed at sustainably enhancing its water supply. A large seawater desalination plant is planned between the provinces of Tiznit and Chtouka-Aït Baha, with an estimated investment of nearly 15 billion dirhams. With a projected capacity......

Gas Stations in Morocco: Towards Mandatory Integration of Renewable Energies

The fuel distribution sector in the Kingdom is making a strategic shift towards sustainability. As part of national guidelines aimed at decarbonization and energy efficiency, the construction and operation of refueling stations are now subject to enhanced requirements. The clear objective set by government......

Phosphate Fertilizers: Moroccan Giant OCP Builds Its First U.S. Plant in 40 Years

In the face of geopolitical turmoil and global food security challenges, the Moroccan group OCP is making a strategic move on the American continent. Through its North American subsidiary, the global phosphate giant is partnering with the agricultural cooperative CHS to realize a major industrial project:......

Public Finances: Why Morocco is Among the 16 African Countries Meeting U.S. Standards

Morocco once again stands out in the realm of public finance transparency. According to the Fiscal Transparency Report 2026 from the U.S. State Department, the Kingdom is among the 16 African countries considered compliant with the minimum requirements set by Washington for budget transparency. This......

Spanish Gas to Morocco: Declining Flows Raise Concerns About Energy Security

The volumes of gas transported from Spain to Morocco have sharply decreased since mid-August. Data from the Spanish gas operator Enagás GTS allows for measuring this contraction, but does not suffice to determine its origin. Several scenarios remain open, including Moroccan arbitration, technical constraints,......

IFC plans €60 million initiative to tackle distressed debt in Morocco

The International Finance Corporation (IFC) is preparing a new investment mechanism aimed at addressing distressed debt in Morocco and helping financial institutions improve the management of non-performing assets. The initiative is being developed in partnership with German company EOS and could involve......

Morocco strengthens its position in the global watermelon market

Morocco has strengthened its position in the international watermelon trade, ranking among the world’s leading exporters in 2024 and emerging as the largest Arab exporter by export value, according to data from the Food and Agriculture Organization of the United Nations and international trade......

Morocco-Spain: Trade Reaches 12.22 Billion Euros in Six Months

The economic relationship between Morocco and Spain continues to intensify. In the first half of 2026, trade between the two countries reached 12.22 billion euros, driven by both the growth of Moroccan exports and the increase in purchases from Spain. This dynamic illustrates the growing interconnection......

Olive Oil: Spanish Imports from Morocco Surge Dramatically

Spain, the world's leading producer of olive oil, has significantly increased its purchases from Morocco in the first half of 2026. The volumes imported remain modest on the scale of the Spanish market, but their year-on-year growth is remarkable and illustrates the evolution of trade between the two......

Morocco–United States: Rising Freight Costs Challenge Logistics Competitiveness

The new increase announced by CMA CGM for shipments to the United States will add to the logistics costs for Moroccan exporters starting September 2026. However, this pressure on maritime transport does not undermine the Kingdom's main competitive advantages: a leading port platform around Tanger Med,......

The Yen Soars: What Risks for the Dirham and the Moroccan Economy?

A rapid surge in the Japanese currency could trigger a massive unwinding of positions financed in yen and reignite tensions in international markets. While Morocco remains relatively insulated from the mechanics of the "carry trade," it could nonetheless feel the repercussions of a global risk aversion......

Moroccan Dirham: Why the Dollar Declined by 0.16% Against the MAD

The USD/MAD pair continued its decline during the week of August 10 to 14, 2026, in a context marked by favorable liquidity effects for the dirham. According to data from Attijari Global Research (AGR), the dollar decreased by 0.16% against the Moroccan currency, settling at 9.30 dirhams.Dirham Supported......

Moroccan Automotive Market: Sales Surge by 15.7% by the End of July 2026

The Moroccan automotive market continues on a positive trajectory in 2026. By the end of July, new vehicle sales reached 152,486 units, compared to 131,739 during the same period in 2025, marking an increase of 15.7%, according to data from the Association of Vehicle Importers in Morocco (AIVAM). Solid......

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