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Keywords: Growth


Morocco's Industrial Sector Shows Modest Growth as Producer Prices Edge Up in November 2024

Morocco's industrial sector demonstrated subtle economic shifts in November 2024, with the Industrial Producer Price Index Excluding Petroleum Refining recording a modest 0.1% increase, according to recent data from the High Commission for Planning (HCP). The food industry emerged as the strongest......

Morocco Posts 4.3% Economic Growth as Industrial Sector Drives Q3 Performance

Morocco's economy demonstrated resilient growth in the third quarter of 2024, expanding by 4.3% compared to 3% in the same period last year, according to data released by the High Commission for Planning (HCP). The growth trajectory was primarily fueled by robust performance in the secondary sector,......

Rabat's Tourism Surge: Capital City Reports Over 700,000 Overnight Stays in 2024

Morocco's capital city Rabat has demonstrated remarkable growth in its tourism sector during 2024, recording 713,566 overnight stays in the first ten months of the year. This 4% increase from the previous year's figure of 683,910 stays reflects the city's growing appeal as a tourist destination. The......

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......

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