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Keywords: Growth


Marsa Maroc Secures €65 Million to Modernize Key Port Terminals

Marsa Maroc, the Moroccan port operator, has secured €65 million in financing from the European Bank for Reconstruction and Development (EBRD) to modernize key port terminals in Morocco. This strategic partnership underscores Marsa Maroc's commitment to enhancing the country’s port infrastructure,......

AMMC 2023 Report: Pioneering Growth and Innovation in Morocco’s Capital Market

With a 36% surge in financial operations and the introduction of an ambitious 2024–2028 strategy, the Moroccan Capital Market Authority (AMMC) is charting a course toward a robust financial future. The Moroccan Capital Market Authority (AMMC) has unveiled its 2023 annual report, showcasing a transformative......

Lockheed Martin Expands Defense Manufacturing Footprint in Morocco

Lockheed Martin has significantly strengthened its presence in Morocco as part of its ongoing efforts to boost defense partnerships in the North African region. This year marks a milestone for the company, celebrating 50 years of collaboration with Morocco, beginning with the delivery of the first C-130H......

Building Financial Infrastructure Resilience at AFIS 2024

The discussions on Day 2 of the Africa Financial Summit (AFIS) focused on solutions to steer the continent toward a more connected and inclusive financial future. Casablanca – Africa Financial Summit Shaping Financial Future The Africa Financial Summit (AFIS) is in full swing, with a strong focus......

Morocco Approves $13.4 Billion in Investment Projects, Targeting Job Creation and Economic Growth

The Moroccan government, led by Head of Government Aziz Akhannouch, has approved 56 investment projects valued at 134 billion Moroccan dirhams ($13.4 billion), signaling a robust commitment to economic development and employment generation. Strategic Investment Breakdown During the sixth session of......

Morocco's Tourism Booms with Record-Breaking Growth in 2024

Morocco has welcomed 15.9 million tourists in the first 11 months of 2024, marking an impressive 20% growth compared to the same period in 2023. This surge brought an additional 2.6 million visitors, according to the Ministry of Tourism, Handicrafts, and Social and Solidarity Economy. The increase is......

Moroccan Tourism Welcomes Nearly 16 Million Visitors in Record-Breaking 2024

Morocco’s tourism industry has reached an unprecedented milestone, with 15.9 million tourist arrivals by the end of November 2024, as announced by the Ministry of Tourism. This remarkable achievement represents a 20% growth compared to the same period in 2023, adding an impressive 2.6 million more......

Morocco’s Economy Sees Robust Growth as GDP Climbs 10% in 2023

Morocco's economy demonstrated significant resilience and growth in 2023, with the nation’s Gross Domestic Product (GDP) reaching MAD 1.463 trillion (approximately $146 billion USD), marking a 10% increase compared to the previous year, according to the High Commission for Planning (HCP). Economic......

Morocco and AfDB Strengthen Partnership for Sustainable Growth

Morocco and the African Development Bank (AfDB) are further solidifying their economic collaboration through strategic investments targeting infrastructure, agriculture, and large-scale projects related to the 2030 World Cup. This strengthened partnership was highlighted during a meeting in Rabat between......

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