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Economy


Morocco strengthens its role as Türkiye’s gateway to African markets

Morocco is consolidating its position as a key strategic partner for Türkiye in accessing Africa’s fast-growing markets. During the fifth Türkiye-Africa Business and Economic Forum (TABEF) held in Istanbul, Morocco’s Secretary of State for Foreign Trade, Omar Hejira, reaffirmed......

Morocco targets unified and sustainable mobility system for 2030 World Cup

Morocco is advancing its development strategy to meet global benchmarks as it prepares to co-host the 2030 FIFA World Cup, said Abdessamad Kayouh, Minister of Transport and Logistics. Speaking at the international seminar “Accessibility and Mobility in Urban and Peri-Urban Areas: Challenges and......

Over 36,000 young Moroccans gain access to affordable housing through state program

More than 36,000 young Moroccans have benefited from the government’s housing assistance program, aimed at boosting home ownership and improving access to affordable housing. Fatima Ezzahra El Mansouri, Minister of Urban Planning, Housing, and City Policy, provided an update before the House of......

Equatorial Guinea lauds Morocco’s role in Africa’s economic transformation

Morocco’s President of the Economic, Social, and Environmental Council (CESE) and the Union of Economic and Social Councils and Similar Institutions of Africa (UCESA), Abdelkader Amara, recently met with Equatorial Guinea’s President Teodoro Obiang Nguema Mbasogo in Malabo. The high-level......

Morocco emerges as Africa’s aerospace hub with full aircraft assembly goal for 2030

Morocco has taken a significant step toward becoming a global aerospace powerhouse with the inauguration of Safran’s new aircraft engine complex in Nouaceur. Presided over by His Majesty King Mohammed VI, the event marks the country's entrance into the elite group of nations capable of producing......

Morocco and China strengthen strategic ties to boost trade and green investment

Morocco and China reaffirmed their shared commitment to deepening economic cooperation during a high-level meeting in Rabat, where Head of Government Aziz Akhannouch welcomed a delegation from China’s Anhui province led by Liang Yanshun, Secretary of the Chinese Communist Party for the region. The......

Water shortages threaten Morocco’s fight against poverty

Morocco stands out as one of Africa’s strongest performers in reducing poverty, yet deepening water shortages are quietly undermining that progress for millions of citizens, according to a recent Afrobarometer report. The study highlights a striking paradox: while Morocco ranks high on traditional......

Masterflex begins construction of aerospace components plant in Casablanca region

German engineering group Masterflex has launched the construction of a new aerospace components factory within Morocco’s Midparc free trade zone near Casablanca, marking a major step in the company’s expansion into North Africa’s growing aviation industry. The groundbreaking ceremony,......

Investment Commission approves 250 projects worth MAD 414 billion across Morocco

Morocco’s National Investment Commission (CNI) has approved 250 investment projects totaling MAD 414 billion, during nine sessions held so far, announced Karim Zidane, Minister Delegate in charge of Investment, Convergence, and Evaluation of Public Policies, on Tuesday before the House of Councillors. Responding......

Morocco’s economy records strongest growth since 2021 amid broad sector recovery

Morocco’s economy expanded by 5.5% in the second quarter of 2025, marking its fastest growth rate since the post-pandemic rebound of 2021, according to the High Commission for Planning (HCP). The growth was driven by robust performances in the manufacturing, mining, construction, and hospitality......

Moroccan cities rise among Africa’s most expensive rental markets

Morocco’s leading urban centers are gaining prominence as some of Africa’s priciest rental markets, underscoring significant shifts in the continent’s housing dynamics. Recent data from Numbeo, a global cost-of-living database, places three Moroccan cities among the 20 most expensive......

Morocco introduces commerce code reform to rebuild confidence in cheque payments

Morocco has approved a major reform of its Code of Commerce to restore confidence in cheques as a reliable payment instrument and to ease the legal burden caused by unpaid transactions. The Council of Government validated the draft bill during its latest meeting, with government spokesperson Mustapha......

AtlantaSanad introduces Morocco’s first electric scooter insurance amid regulatory push

AtlantaSanad Assurance has launched Morocco’s first insurance product dedicated to electric scooter users, marking a milestone in the country’s evolving urban mobility landscape. Announced on Wednesday, the initiative aims to protect riders and third parties while fostering safer and more......