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Keywords: Market


Weekly Performance: Dirham rises while MASI declines

During the week of September 4–10, 2025, the Moroccan dirham appreciated by 0.6% against the US dollar and 0.2% against the euro, according to Bank Al-Maghrib (BAM). No foreign exchange auction operations were conducted during this period, BAM noted in its weekly economic indicators bulletin. Official......

Experts stress the need for trust and localization in Africa’s startup growth

African startups are leveraging artificial intelligence (AI) to develop new products faster than ever, but experts warn that the real challenge lies not in creating solutions but in ensuring these products resonate with local users. The ability to build trust and adapt to specific market needs is emerging......

XRP exchange reserves soar past 1.2 billion tokens in 24 hours, signaling market shifts

XRP, the cryptocurrency closely associated with Ripple, has experienced a dramatic surge in exchange reserves, with over 1.2 billion tokens moved into exchange wallets within just 24 hours. This sharp influx has sparked speculation about potential market moves and price volatility. Binance leads the......

Lynk & Co launches premium hybrid and electric vehicles in Morocco

Lynk & Co, the innovative auto brand backed by Geely, has officially expanded into the Moroccan market, unveiling a lineup of premium hybrid and electric vehicles. The launch marks a pivotal step in the company’s global growth strategy, aiming to redefine mobility in the region. A new era......

Janngo Capital invests in Jobzyn to transform AI-driven recruitment in Africa

Janngo Capital, a prominent pan-African investment firm, has announced its investment in Jobzyn, a Moroccan startup that leverages artificial intelligence (AI) to revolutionize recruitment across the continent. By combining automation, transparency, and AI, Jobzyn aims to streamline hiring processes......

Morocco’s new car sales surge over 38% by end of July (AIVAM)

Morocco’s automotive market recorded a strong rebound by the end of July 2025, with nearly 20,000 new vehicles sold, representing a year-on-year increase of over 38%, according to data from the Association of Vehicle Importers in Morocco (AIVAM). The growth was driven by mainstream brands, the......

Morocco’s agriculture export boom: sweet corn shipments surge to $20 million

Morocco is experiencing a significant growth in agricultural exports, with sweet corn emerging as an increasingly valuable commodity. Favorable production conditions and strong international demand have propelled the North African nation to new heights in the global agricultural market. According to......

Nasdaq hits record high as gold soars past $3,600 amid rate cut speculation

The Nasdaq Composite reached an all-time high on Monday, while gold prices surged beyond $3,600 per ounce for the first time, as investors bet heavily on Federal Reserve interest rate cuts following disappointing U.S. employment data. The tech-heavy Nasdaq gained 0.45% to close at 21,798.70, surpassing......

Morocco halts poultry imports from Portugal amid bird flu outbreak

Morocco has imposed a temporary suspension on poultry imports from Portugal following the outbreak of a highly pathogenic bird flu virus (H5N1) near Lisbon. The decision, announced by the National Office for Food Safety (ONSSA), includes the ban of live poultry, eggs, meat, processed products, and animal......

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