Economy



Ford injects $108 million into BTR battery plant in Morocco

Ford has provided $108 million in advance funding to a battery materials project operated by Chinese group BTR in Morocco, highlighting the growing integration of the North African country's industrial sector into global electric vehicle supply chains. According to BTR's financial disclosures,......

Vicenne Accelerates Growth and Reports Positive Net Cash Flow in the First Half of 2026

Vicenne continues to operate on a positive trajectory in 2026. The Moroccan group specializing in health equipment and solutions recorded a strong increase in its activity during the second quarter, while significantly improving its financial position. With 591 million dirhams in revenue for the first......

Morocco: Industrial Production Prices See Slight Increase in July 2026

Production prices in the manufacturing sector excluding oil refining experienced a slight increase in Morocco in July 2026. According to data from the High Commission for Planning (HCP), the corresponding index rose by 0.1% compared to the previous month. This development reflects a relative stability......

Electric Networks: Chinese Nari Technology Enters the Moroccan Market

Morocco attracts a new Chinese player specialized in electrical infrastructure. Nari Technology, a group active in automation and equipment for electrical networks, launched its initial activities in the kingdom in the first half of 2026. This expansion comes at a time when its international operations......

HPS Accelerates Growth in the First Half of 2026, Driven by International Expansion and Innovation

The Moroccan payment solutions specialist HPS confirms the strength of its trajectory in 2026. The group reports double-digit revenue growth in the second quarter as well as for the entire first half, with an increasing contribution from Asia and the Americas and a heightened focus on research and development. HPS......

Tanger Med: Port Activity Grows by 6% in the First Half of 2026

Tanger Med Port Authority (TMPA) continues its growth momentum. In the first half of 2026, the operator reported a simultaneous increase in the volume of goods handled and its revenue, while reducing its debt levels. This trajectory also accompanies the expansion of the logistics ecosystem around the......

Med Paper Reports Decline in Revenue Amidst Decreasing Debt

The Moroccan paper specialist Med Paper has reported a decline in its activity as of the end of June 2026. While revenues have decreased year-on-year, the company has significantly reduced its debt while maintaining its focus on development strategies in the domestic market. Med Paper enters the second......

Salafin: Automotive Financing Supports Activity in the First Half of 2026

Salafin generally maintains its course in the first half of 2026, despite a slight decline in its net production. The subsidiary of Bank of Africa, specialized in consumer credit, has particularly benefited from the dynamism of automotive financing, which partially offsets the slowdown observed in personal......

App Store: Apple Now Applies 20% VAT in Morocco

The Moroccan digital market is entering a new fiscal phase. Apple has started integrating a 20% VAT into the revenue processing related to the App Store in Morocco, a change that could lead to adjustments in the prices of certain applications and in-app purchases starting mid-September. Apple is gradually......

Non-Performing Loans: A €60 Million Fund Could Speed Up the Cleaning of Bank Balance Sheets in Morocco

The Moroccan market for non-performing loans may soon welcome a new specialized player. The IFC and the German group EOS are considering mobilizing up to €60 million to acquire depreciated assets from Moroccan banks, as the outstanding amount of non-performing loans exceeds 102 billion dirhams. The......

FAO warns of growing soil pressure threatening Morocco’s agricultural sustainability

Morocco’s agricultural land is facing increasing pressure from drought, climate change, water scarcity and the degradation of natural resources, raising concerns about the long-term ability of soils to support food production. The Food and Agriculture Organization of the United Nations (FAO) has......

Nador West Med moves closer to operations with first regular container service

Morocco’s Nador West Med port is moving closer to its operational launch after Dutch shipping company WEC Lines announced plans to include the new facility in its regular container shipping network. The new service, known as ISS-PT, is scheduled to begin on September 10, 2026. It will connect......

Morocco faces more than $2 billion in additional energy costs amid Strait of Hormuz crisis

Morocco has faced a significant increase in the cost of its energy imports as disruptions linked to the crisis surrounding the Strait of Hormuz pushed fuel prices higher. According to energy-focused platform At-Taqa, the additional cost incurred by the Kingdom reached approximately $2.2 billion between......

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