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Morocco's fuel market shows resilience amid price fluctuations in Q3 2024

Morocco's fuel sector demonstrated mixed performance in the third quarter of 2024, with total fuel imports reaching 1.7 million tons valued at $1.26 billion, marking a 10.8% volume increase despite a 9.75% value decline compared to 2023. The revenue of Morocco's nine major fuel distributors......

Morocco’s agriculture minister tackles rising food prices amid market disparities

Government seeks solutions to bridge gap between farm and market prices Morocco’s Minister of Agriculture, Ahmed Bouari, has announced an upcoming meeting with the Ministry of the Interior and the Ministry of Industry and Trade to address the growing disparity between agricultural production prices......

Morocco's new fintech hub aims to transform digital finance landscape

Morocco has marked a significant milestone in its financial technology sector with the launch of the Morocco Fintech Center (MFC) in Rabat. The center's inaugural board meeting, chaired by Bank Al-Maghrib Governor Abdellatif Jouahri, signals a coordinated push to advance the country's digital......

Unilever expands regional influence with new Moroccan headquarters

Unilever has inaugurated its new offices at Casablanca Finance City (CFC), marking a significant expansion of its presence in Morocco. This strategic move builds upon the company's century-long history in the country and demonstrates its ongoing commitment to the North African market. The establishment......

Moroccan Nadorcott mandarins set to revive challenging US citrus season

Morocco's citrus export season to the United States encountered significant hurdles during its initial phase in late 2024, but shows promise for improvement with the upcoming Nadorcott variety. The season began with Clemenules and Nour clementine exports in November and December, facing quality issues......

African trade integration emerges as key driver for continental prosperity

African nations are poised for significant economic transformation through the African Continental Free Trade Area (AfCFTA), with projections showing a potential 7% increase in continental GDP by 2045, equivalent to $450 billion in growth. The initiative aims to create a unified market across 54 states......

Morocco Strengthens Position as Spain's Key Fresh Produce Supplier

Morocco has solidified its position as Spain's primary source of fresh fruits and vegetables, with exports reaching EUR 801 million between January and October 2024. This represents a significant 13% growth compared to the same period in 2023, according to Hortidaily reports. Spanish fresh produce......

Morocco's Economic Pulse: Domestic Demand Drives Growth Amid Infrastructure Push

Morocco's domestic demand demonstrated remarkable strength in the fourth quarter of 2024, posting a 5.4% increase and emerging as a key driver of the nation's economic expansion, according to Morocco's High Commission for Planning (HCP). This robust domestic performance contributed significantly......

Pakistan's USD 2.8 Billion Gold Discovery Promises Economic Transformation

Pakistan has unveiled a significant gold discovery in the Attock district, with reserves estimated at 32.64 tons valued at approximately 800 billion Pakistani rupees (USD 2.87 billion). The announcement came from former Punjab Mining Minister Ibrahim Hasan Murad, following extensive geological surveys......

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