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Keywords: Economic growth


2023: A Remarkable Year for Morocco's Automotive Industry

In a dazzling display of growth and significant advancements, Morocco's automotive industry has soared to unprecedented heights, marking an exceptional year for the sector. According to the monthly indicators of foreign trade by the Office des Changes, automotive sales witnessed a staggering 30.5%......

Moroccan Economy Set for Steady Growth: Central Bank Forecasts 2.7% Expansion in 2023

In a promising outlook for the Moroccan economy, Bank Al-Maghrib (BAM), the country's central bank, has projected a growth rate of 2.7% for the year 2023, with further improvements anticipated in the following years. The latest quarterly meeting of BAM has illuminated the positive trajectory, indicating......

Advancing Morocco's Regional Empowerment: A Call for Swift Implementation

Morocco is intensifying its efforts to bolster regional empowerment through the advanced regionalization plan, as highlighted by top senator Enaam Mayara. Addressing a parliamentary forum last week, the Speaker of the House of Councilors called upon stakeholders to strategize ways to expedite the comprehensive......

Funding Secured for Vital Guercif-Nador Highway to Boost Morocco's Transport and Economy

The African Development Bank (AfDB) has allocated €246 million to fund the construction of the strategic Guercif-Nador highway in Morocco. This initiative is poised to revolutionize transportation infrastructure and catalyze economic growth. The funding package comprises €200 million from......

Senegal and Morocco Forge Alliance to Harness Tech Hub Potential

A strategic alliance is set to unlock the full potential of Senegal's National Digital Technologies Park (PTN) through the expertise and vision of Morocco. Ewane, a leading player in rental housing and an affiliate of Morocco's esteemed Caisse de Dépôt et Gestion (CDG) Group, has......

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