Economy
Morocco is accelerating investment in wind energy as part of its long-term strategy to strengthen energy independence and expand the role of renewable sources in its electricity mix. The country aims to have renewable energy account for 52% of its installed electricity generation capacity by 2030, reinforcing......
Morocco is significantly expanding its air transport capacity for the summer 2026 season, reinforcing its ambition to become a leading aviation hub connecting Africa, Europe, the Americas, Asia, and the Middle East. The new seasonal program is designed to meet growing passenger demand while facilitating......
Morocco has further strengthened its position as one of the leading automotive manufacturing hubs serving the European market, supported by competitive production costs, expanding industrial infrastructure, and growing foreign investment in the sector. Recent industry data indicate that Renault's......
Banque Centrale Populaire (BCP) has announced a scheduled maintenance operation that will temporarily interrupt several of its banking services during the early hours of Monday, 13 July 2026. The planned intervention is part of the bank’s ongoing efforts to enhance the performance and reliability......
The German Chamber of Commerce and Industry in Morocco (AHK Morocco) has appointed Silke Kunstreich as its new Managing Director, bringing extensive international experience in business development, marketing and strategic communications to one of the leading institutions promoting German-Moroccan economic......
Morocco is reaffirming its commitment to an African-led approach to sustainable peace and development by participating in the Second Political Conference on the Peace-Security-Development Nexus, taking place on July 11–12 in Mombasa, Kenya. The gathering brings together African institutions and......
The future of digital payments in Morocco took center stage during the seventh edition of Moroccan Consumer Day in Casablanca, where industry leaders agreed that the country now possesses the regulatory and technological foundations needed to accelerate the transition toward a more digital economy. While......
The Brazilian government has decided to maintain a 32% tariff on canned sardine imports, rejecting a request to establish a nine-month tariff-free quota of 7,500 tons. This decision, announced by the executive secretariat of the Foreign Trade Chamber (Camex), comes after reviewing a request submitted......
The Moroccan judiciary continues to strengthen its framework for combating financial crime. During an international conference held in Tangier, the delegated president of the Supreme Council of the Judiciary (CSPJ), M'Hammed Abdenabaoui, presented a report indicating progress in the results achieved......
Attijariwafa bank has reaffirmed its commitment to artificial intelligence as a key driver of banking transformation during the final stage of the sixth edition of its "Wenov Think & Make x IA Center" innovation programme, organised in partnership with consulting firm Onepoint. The Demo......
Morocco's Directorate of Treasury and External Finance (DTFE) has carried out a 600 million dirham (MAD) short-term cash placement as part of its ongoing strategy to actively manage the state's liquidity and optimize returns on temporary treasury surpluses. The operation, conducted on Monday,......
The international credit insurance company Coface has reaffirmed its positive assessment of Morocco’s economic outlook, emphasizing the country’s ability to maintain stable financial and macroeconomic balances despite ongoing global uncertainty caused by geopolitical tensions and slowing......
Morocco has reinforced its status as one of the world's leading automotive manufacturing centers, becoming Renault Group’s second-largest production hub after France. Supported by modern infrastructure, an expanding supplier network, and strategic access to international markets, the country......
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