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Keywords: Economy
The European Bank for Reconstruction and Development (EBRD) has approved a €10 million loan to Fondation Arrawaj, one of Morocco’s leading microfinance institutions. The financing aims to empower young entrepreneurs and small businesses, particularly in regions affected by the Al Haouz 2023......
Morocco is on track for a record-breaking olive harvest this year, offering relief to consumers after a challenging season that saw olive oil prices soar to unprecedented levels. Producers forecast that the country’s olive oil output could more than double, significantly easing market pressures. Record......
Trade between Moscow and Morocco has surged by 73% in the first half of 2025 compared to the same period last year, reflecting a major expansion of Russian economic activities in North Africa. Anatoly Garbuzov, Minister of the Moscow City Government and Head of the Department of Investment and Industrial......
Aya Gold & Silver has announced the discovery of a potential new gold zone in Morocco, further advancing its exploration efforts in the country. The Canadian mining company revealed on Monday that the find was made at the Asirem site, located west of the Boumadine corridor. Aya described the area......
Morocco’s industrial landscape demonstrated strong growth in the second quarter of 2025, with overall industrial output rising 7% year-on-year, according to the High Commission for Planning (HCP). This performance underscores robust expansion in manufacturing, mining, and energy sectors, buoyed......
China’s economic momentum weakened in August as both industrial output and retail sales grew at a slower pace than expected, according to official data released on Monday. The figures highlight the persistent challenges facing the world’s second-largest economy. Industrial production rose......
Morocco’s customs revenue reached MAD 65 billion ($7.22 billion) by August 2025, marking an 8.3% increase compared to the same period last year, according to the Moroccan treasury’s latest report. This growth reflects the country’s ongoing economic recovery and increased import activity. Revenue......
Business leaders in Morocco’s non-financial market services sector predict robust growth for the third quarter of 2025, with 41% expecting increased activity and 37% forecasting stable conditions, according to a report by the High Commission for Planning (HCP). Promising growth across key industries The......
Thunes, a global fintech leader, has introduced real-time money transfer services to Morocco, enabling users worldwide to send funds directly to Moroccan bank accounts in local currency, Moroccan dirhams. This new service ensures instant transactions, offering speed, transparency, and affordability for......
