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Keywords: Economy


African trade integration emerges as key driver for continental prosperity

African nations are poised for significant economic transformation through the African Continental Free Trade Area (AfCFTA), with projections showing a potential 7% increase in continental GDP by 2045, equivalent to $450 billion in growth. The initiative aims to create a unified market across 54 states......

Morocco's Tax Reforms Yield $29.5 Billion, Fueling Social Programs

Morocco's comprehensive fiscal reforms have driven remarkable growth in tax revenue, reaching MAD 299 billion ($29.5 billion) in 2024, marking a significant increase from MAD 199 billion ($19.5 billion) in 2020. This surge in revenue has enabled substantial investments in social welfare programs,......

Morocco's Economy Set for Robust Growth Through 2026, UN Report Shows

The United Nations has forecast positive economic momentum for Morocco, projecting steady growth in the coming years according to its latest economic assessment released Thursday. In its comprehensive "World Economic Situation and Prospects 2025" report, the UN anticipates Morocco's Gross......

Morocco's Treasury Executes Strategic MAD 8.4 Billion Investment Plan

The Moroccan Treasury and External Finance Department (DTFE) has implemented a series of sophisticated financial operations, deploying MAD 8.4 billion ($820 million) in cash surplus investments on Friday. This strategic financial move, executed under the Ministry of Economy and Finance's oversight,......

Morocco Invests $30 Million to Expand Sustainable Aquaculture Sector

Morocco is taking significant steps to strengthen its aquaculture industry with a substantial new investment package. The National Agency for Aquaculture Development (ANDA) has announced the approval of 300 million Moroccan dirhams ($30 million) split between two funding programs aimed at developing......

Morocco's Tax Program Nets MAD 6 Billion in Treasury Funds

Morocco's voluntary asset disclosure initiative has generated MAD 6 billion for the public treasury from declared assets totaling MAD 127 billion, according to government spokesperson Mustapha Baitas during a Thursday press conference. The program has successfully strengthened relationships between......

Morocco's Economic Outlook: UN Projects 3.2% Growth for 2025

Morocco is positioned for steady economic expansion in the coming years, with GDP growth projected at 3.2% in 2025 and 3.4% in 2026, according to a new United Nations report released by the Department of Economic and Social Affairs in New York. This growth forecast comes amid broader global economic......

Morocco and France Launch Joint Video Game Development Program to Cultivate Youth Talent

In a significant move to bolster its growing gaming industry, Morocco has partnered with France to introduce an innovative video game development training program. The initiative, dubbed "Video Game Maker," will provide comprehensive training to 40 young Moroccan participants over a nine-month......

Morocco Unveils Bold Strategy to Combat Rising Tobacco Health Crisis

Morocco has launched an ambitious national initiative to tackle its growing tobacco-related health crisis, as announced by Health Minister Amine Tahraoui during a recent address to the House of Representatives. The comprehensive plan aims to reduce smoking rates and address the devastating impact of......

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