Keywords: PRODUCTION
In 2024, Morocco reached a record-high volume of banana imports, exceeding 36,000 tons, marking an increase of nearly 29% compared to the previous year. This surge is attributed to a decline in local banana production, leading Morocco to increase its purchases from Spain and Portugal, which have gradually......
Global sneaker giants are bracing for impact following the announcement of new customs measures imposed by the Trump administration. Beginning April 9, a staggering 46% tariff on imports from Vietnam—a key player in sports shoe production—could significantly inflate sneaker prices. A 46%......
OCP Nutricrops, a subsidiary of the OCP Group and a prominent player in phosphate-based fertilizers, has unveiled a significant investment plan aimed at increasing its fertilizer production capacity by 9 million tons by 2028. This ambitious project involves the establishment of two new mining and industrial......
Gérard Depardieu, the renowned French actor, is set to stand trial on March 24 and 25, 2025, at the Paris Criminal Court, facing accusations of sexual assault by two women during the 2021 production of the film The Green Shutters, directed by Jean Becker. The accusations have drawn significant......
Sonasid, Morocco’s leading steel manufacturer, has announced a remarkable net profit of MAD 151 million ($15.1 million) for the fiscal year 2024, representing a substantial 91% increase compared to the previous year. This impressive performance marks the best results the company has achieved since......
Morocco's automotive sector is experiencing remarkable growth, with ambitious production goals set to reach 2 million vehicles by 2030. This surge is accompanied by an increase in local integration and a strategic positioning on the global stage, particularly as the industry transitions towards electrification. The......
Morocco is emerging as a key player in African trade and development, showcasing its strength across several strategic sectors, according to the Economic Commission for Africa (ECA). In its Economic Report on Africa 2025, released during the 57th session of the ECA-UN (March 12-18 in Addis Ababa), the......
In 2024, Morocco's automotive production saw a significant increase of 12%, reaching nearly 500,000 vehicles. This surge played a crucial role in offsetting a decline in production in Iran, contributing to an overall 0.4% growth in vehicle production across the Middle East and North Africa (MENA)......
Morocco’s manufacturing industry, excluding petroleum refining, experienced a 5% growth in production during the final quarter of 2024 compared to the same period in 2023. This growth reflects the resilience and diversification of the country’s industrial base, driven by key sectors that......
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