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Keywords: Growth


Morocco's new fintech hub aims to transform digital finance landscape

Morocco has marked a significant milestone in its financial technology sector with the launch of the Morocco Fintech Center (MFC) in Rabat. The center's inaugural board meeting, chaired by Bank Al-Maghrib Governor Abdellatif Jouahri, signals a coordinated push to advance the country's digital......

Morocco's public investment surges to $11.6 billion amid economic reforms and challenges

Morocco's commitment to public investment has shown remarkable growth, with allocations rising from MAD 52.3 billion ($5.1 billion) in 2015 to MAD 119.2 billion ($11.6 billion) in 2023, according to Zineb El Adaoui, First President of the Court of Accounts. In her presentation to parliament's......

Spain Welcomes Record 94 Million Tourists in 2024, Driving Growth and Debate

Spain achieved a historic milestone in 2024, welcoming approximately 94 million international tourists, marking a 10% increase compared to the previous year. This surge highlights the country’s growing appeal as a destination for sun, sand, and rich cultural experiences. Tourism, a cornerstone......

Trade partnership reaches new heights: Morocco-Spain commercial ties soar in 2024

Spain and Morocco's bilateral trade has shown remarkable growth in the first ten months of 2024, according to recent data from the Spanish State Secretariat for Trade. Spanish exports to Morocco reached €10.843 billion, marking a 6.8% increase, while Moroccan exports to Spain grew by 9.1% to......

Morocco's Economic Pulse: Domestic Demand Drives Growth Amid Infrastructure Push

Morocco's domestic demand demonstrated remarkable strength in the fourth quarter of 2024, posting a 5.4% increase and emerging as a key driver of the nation's economic expansion, according to Morocco's High Commission for Planning (HCP). This robust domestic performance contributed significantly......

Morocco: A Rising Economic Power in a Transforming World

A recent analysis by the US National Intelligence Council highlights Morocco as one of the nations expected to experience significant economic growth in the coming years, joining the ranks of emerging "economic tigers." This term refers to countries that are poised for rapid economic transformation,......

Morocco's Avocado Exports Hit Record 42,000 Tons as Global Markets Shift

Morocco's avocado industry has marked a significant milestone, exporting 42,000 tons between October and December 2024, setting the stage for projected exports of 90,000 tons by the season's end. This robust performance indicates a substantial growth from the previous year's 60,000-ton export......

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 Completes Vital 1,055-km Tiznit-Dakhla Expressway, Boosting Regional Connectivity

Morocco has marked a significant milestone in its infrastructure development with the completion of the final segment of the Tiznit-Dakhla expressway. The newly opened 114-kilometer stretch, connecting Maader near Tiznit to Guelmim via Sidi Ifni, represents the culmination of a decade-long project that......

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