Economy
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......
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......
The OCP Foundation marked International Cooperatives Day by reflecting on its decade-long efforts to strengthen rural communities through cooperative development. Operating across 12 regions in Morocco and nine countries in the Global South, the Moroccan organization focuses on empowering farmers and......
Morocco has been named one of the five focus countries for the second phase of the Acumen Resilient Agriculture Fund (ARAF II), a $132 million venture capital initiative designed to bolster climate resilience among small-scale farmers. This marks a significant step in Morocco’s commitment to sustainable......
The African Plant Nutrition Institute (APNI), a Moroccan non-profit research and development organization based in Benguerir, has forged a partnership with Côte d’Ivoire’s Ministry of Technical Education, Vocational Training, and Apprenticeship. This collaboration seeks to enhance agricultural......
During the first quarter of 2025, exports of US beef to Morocco experienced a remarkable 123% surge, driven by rising demand in emerging markets, according to data from the US Department of Agriculture (USDA) and compiled by the US Meat Export Federation (USMEF). March figures showed robust growth in......
The Société Centrale de Réassurance (SCR) has officially rebranded as Atlantic Re, marking a significant shift in the company’s strategic direction. This announcement coincided with the inauguration of its new headquarters at Casablanca Finance City, reinforcing its commitment......
The bonds of friendship and strategic collaboration between Morocco and Ivory Coast were prominently highlighted in Abidjan. A recent academic gathering focused on Morocco's African policy and the relations with Ivory Coast, organized by the Africa Chair of a prestigious business school, welcomed......
AXA Assurance Maroc has announced the appointment of Gilles Fromageot as the new Chief Executive Officer of AXA Morocco and the AXA CIMA regions, which include operations in Cameroon, Côte d’Ivoire, Gabon, and Senegal. The appointment, pending regulatory approvals, is set to take effect on......
What makes a city irresistible? Is it the hum of opportunity, the promise of a better life, or the quiet allure of green spaces and clean streets? As Africa’s cities continue to grow, fueled by rapid urbanization, a select few stand out as beacons of opportunity and innovation. Jeune Afrique’s......
His Majesty King Mohammed VI has long praised the Nigeria-Morocco gas pipeline, emphasizing its potential to foster African development and improve the living standards of the continent’s population. Morocco is set to begin the process of launching tenders for the pipeline in 2025, marking a significant......
Maroc Telecom, Morocco's premier telecommunications provider, has reported a substantial increase in its subscriber base, reaching 79.7 million users by September 2024. This 6.1% growth over the past year is driven by the company’s expansion in African markets and the rising demand for postpaid......
