Keywords: Investment
Morocco's national savings rate reached 28.2% of gross domestic product in 2023, up from 26.7% the previous year, according to data from the High Commission for Planning. This increase came despite higher domestic consumption, which grew 7.6% by value last year compared to 7.7% previously. National......
In a remarkable stride towards addressing Morocco's housing challenges, the Minister of National Territorial Planning, Urban Planning, Housing, and City Policy, Fatima Ezzahra El Mansouri, revealed that a staggering 698,000 housing units have been delivered under the Social Housing Program, priced......
In a strategic move to bolster its military prowess and enhance national security, Morocco is embarking on an ambitious journey to transform from a defense importer to a self-sufficient manufacturer. The 2024 finance bill, approved by King Mohammed VI during a recent Ministerial Council, allocates a......
Amidst the vibrant pulse of Marrakech, the second day of GITEX Africa 2024 saw a gathering of forward-thinking minds, united in their mission to propel Africa's burgeoning startup ecosystem to unprecedented heights. The 10X Stage, charged with anticipation, served as the arena for a symphony of insights......
In the rapidly evolving landscape of Africa's startup ecosystem, a crucial issue demands attention: the glaring underrepresentation of women entrepreneurs and the lack of investment in their ventures. As the continent's entrepreneurial spirit soars, addressing this disparity could unlock unprecedented......
In a groundbreaking move that promises to reshape the digital landscape of North Africa, Oracle, a global technology titan, has announced its intention to establish two Oracle Cloud regions in Morocco. This strategic decision positions the kingdom as the first country in the region to host a hyperscaler's......
Morocco's technology ecosystem is ripe with possibility, poised to cultivate a garden of innovation that could transform the African continent. With a robust telecommunications infrastructure and a banking sector embracing digitization, the nation stands at the precipice of establishing itself as......
Marrakech, Morocco – The United States Mission in Morocco, in collaboration with the US government's Prosper Africa initiative, recently hosted the US-Morocco Venture Capital Forum in Marrakech. This two-day event, held on May 27-28, aimed to strengthen US-Morocco commercial ties and open new......
In a significant stride toward bolstering Morocco's automotive industry, agreements have been signed for the establishment of two major industrial projects at the Mohammed VI Tangier Tech City. These projects are operated by global leaders in the automotive battery industry: the HAILIANG Group and......
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