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Keywords: Growth


Morocco's Legal Cannabis Industry Scales Up: Production Hits 4,082 Tons as License Approvals Surge

Morocco's regulated cannabis sector achieved significant growth in 2024, with production reaching 4,082.4 tons and an average yield of 20 quintals per hectare, according to the National Agency for the Regulation of Cannabis Activities (ANRCA). The agency reported a dramatic increase in licensing,......

Morocco's Ambitious $4 Billion Airport Expansion Aims to Transform Travel Experience

Morocco is launching a comprehensive modernization of its airport infrastructure, with the Mohammed V International Airport in Casablanca at the forefront of this transformation. Transport and Logistics Minister Abdessamad Kayouh announced a significant reduction in passenger waiting times from 45 to......

Morocco's Renewable Energy Surge: 22.7% Growth Drives National Power Production to 42.38 TWh

Morocco achieved significant strides in its energy sector throughout 2023, marking substantial growth in both renewable energy integration and overall electricity production. The nation's total electricity output reached 42.38 terawatt-hours (TWh) by year's end, representing a 2.3% increase from......

Imperium Reveals Key Insights into Morocco's National Media for November 2024

The latest analysis from Imperium, a media analytics and big data specialist, provides a comprehensive overview of Morocco's national media production for November 2024. The report reveals significant growth in media output, with over 160,300 articles and broadcasts recorded across all platforms,......

Zambia Opens Doors: Visa-Free Travel Extended to 53 Nations Including Morocco

Zambia has announced a significant expansion of its visa-free policy, adding 53 new countries including Morocco to its exemption list effective January 1, 2025. This strategic move brings the total number of visa-exempt countries to 167, as revealed by Home Affairs Minister Jack Mwiimbu during a Lusaka......

Spanish Energy Firm Factorenergia Expands into Morocco with New Joint Venture

Spanish energy retailer Factorenergia has announced the establishment of a 50-50 joint venture with a local partner in Morocco, positioning itself to capitalize on the country’s energy market as it moves towards liberalization. This expansion is part of the company's ongoing international growth......

US Approves $86 Million Precision-Guided Bomb Sale to Morocco, Strengthening Strategic Alliance

Morocco is set to enhance its military capabilities following the US State Department's approval of an $86 million sale of precision-guided bombs, marking another significant development in the growing defense partnership between the two nations. The approved package includes 500 GBU-39B Small Diameter......

Morocco’s 2030 World Cup: Strategic Financial Planning Essential for Success

Abdellatif Jouahri, Governor of Bank Al-Maghrib, has called for meticulous financial planning ahead of Morocco’s co-hosting of the 2030 FIFA World Cup. Speaking during the bank’s quarterly board meeting, Jouahri emphasized the importance of fostering sustainable economic growth and warned......

Morocco Allocates 18,000 Hectares for 2024 Development Projects

Morocco has designated approximately 18,000 hectares of public land for investment initiatives in 2024. The projects aim to bolster sectors critical to the nation’s growth, including renewable energy, tourism, and housing. Nadia Fettah, Minister of Economy and Finance, addressed the House of Councillors......

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