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Keywords: Economic
The national economy of Morocco is reported to have grown by 2.9% in the first quarter of 2024, driven by a 4% increase in non-agricultural value added, according to the Haut-Commissariat au Plan (HCP). Despite a downturn in agricultural value added, economic activity continued to improve, mainly propelled......
French Minister Delegate for Foreign Trade, Attractiveness, Francophonie, and French Nationals Abroad, Franck Riester, is currently on a visit to Morocco. On Thursday, the French government official visited the French Chamber of Commerce and Industry in Morocco (CFCIM). Addressing a gathering of business......
The United States has announced its intention to provide $500,000 in support to projects in Laâyoune and Dakhla, which could, once implemented, bring a new dimension to the investment promotion dynamic. The announcement was made through the U.S. Embassy in Morocco. According to the description......
In an innovative initiative, Société Générale is spearheading the energy transition in Africa with the launch of its flagship offer, the "Solar Pack." Through this offering, the banking group provides a turnkey solution to businesses and institutions in Africa to......
The Moroccan national economy showed a notable improvement in the fourth quarter of 2023, according to data released by the High Commission for Planning (HCP). Economic growth reached 4.1%, marking a significant increase compared to the same period in 2022, when it stood at 0.7%. Driven by domestic......
Morocco has been thrust into the global spotlight as one of the leading debtors to the International Monetary Fund (IMF), ranking 17th globally with a staggering $1.34 billion owed to the financial institution. This revelation, based on recent data analyzed by Insider Monkey, sheds light on the Kingdom's......
The European Bank for Reconstruction and Development (EBRD) has revealed an ambitious five-year strategy aimed at steering Morocco towards an inclusive, sustainable, and private sector-led economy. Covering the period from 2024 to 2029, this strategic roadmap signifies a significant moment in the EBRD's......
Africa stands on the brink of an AI revolution, poised to unlock unprecedented economic growth and societal advancement. As the continent embraces the transformative power of artificial intelligence, GITEX Africa 2024 emerges as a pivotal catalyst, spearheading the region's journey towards a thriving......
In a testament to the UAE's burgeoning global investment influence, Morocco, in North Africa, has emerged as a significant beneficiary, attracting a remarkable $30 billion in investments from the Gulf state. This revelation comes from Jamal Saif Al Jarwan, the esteemed Secretary-General of the UAE......
