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Keywords: Market
Morocco’s fuel imports have surged to 1.7 million tons, valued at $1.26 billion, marking a 10.8% increase in volume. This rise has led to a noticeable hike in fuel prices across the country, with diesel increasing by 20 cents per liter and gasoline by 16 cents per liter. In Casablanca, the average......
Morocco has established itself as Tunisia's primary date export destination in 2024, capturing 19.7% of the country's total date exports according to the National Agricultural Observatory (ONAGRI). The North African kingdom imported approximately 10,106 tons of dates, significantly outpacing......
Mohammed VI Polytechnic University (UM6P) has announced a strategic partnership with STATION F, a global startup campus supporting over 1,000 startups. This collaboration aims to foster innovation and bridge the gap between Europe and Africa through a program called NextAfrica. In a statement, UM6P......
Morocco is on the cusp of entering the liquefied natural gas (LNG) market, marking a pivotal moment in its quest for energy independence. The Tendrara gas liquefaction facility, developed by British company Sound Energy, is nearing completion in eastern Morocco, with production trials slated to begin......
Morocco's citrus industry has achieved remarkable success in 2024, establishing itself as a key orange supplier to the United States and European markets. After facing significant challenges in 2023, the country's orange exports have reached unprecedented levels. According to East Fruit analytics,......
Morocco’s banking liquidity deficit has seen a notable improvement, declining by 8.26% to reach MAD 136.8 billion ($13.4 billion) in January 2025. This shift underscores healthier financial conditions and provides the economy with greater flexibility to grow and adapt. According to BMCE......
Allianz Trade, a global leader in credit insurance, has named Stéphane Rutili as its new Chief Executive Officer for Morocco, effective January 2025. Rutili steps into the role following the departure of Hicham Bensaid Alaoui, who concluded his tenure at the end of December 2024. With a career......
Over the past decade, Morocco has solidified its position as a formidable competitor in the global tomato market, achieving a 17.36% increase in production between 2014 and 2023. This growth stands in sharp contrast to declining outputs in major European producers such as Spain and the Netherlands, according......
AXA Assurance Maroc has announced the appointment of Gilles Fromageot as the new Chief Executive Officer of AXA Morocco and the AXA CIMA regions, which include operations in Cameroon, Côte d’Ivoire, Gabon, and Senegal. The appointment, pending regulatory approvals, is set to take effect on......
