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Economy


Financial exclusion remains high in Morocco despite digital progress

Despite Morocco’s strong digital infrastructure and widespread mobile phone use, more than half of the adult population remains excluded from the official financial system, according to the World Bank’s Findex Global Database 2025, released this Wednesday. The report reveals that only 44%......

Morocco strengthens global partnerships as stability drives investor confidence

High-ranking officials and international organizations are praising Morocco’s stability and strategic reforms, positioning the country as a key partner in sectors ranging from infrastructure to renewable energy and aerospace. Morocco as a pillar of stability Naima Moutchou, Vice President of......

Morocco strengthens its position in sustainable automotive industry with major investment in Kenitra

Kenitra, July 18, 2025 — Morocco is taking a major step forward in its automotive sector as Stellantis announces a significant €1.2 billion investment in its Kenitra plant, confirming the country’s growing role as a hub for sustainable and electric vehicle production. This investment......

Sharp drop in fuel prices following State council’s suspension of fuel tax

Fuel prices in Lebanon saw a significant decline on Friday, July 18, 2025, after the Lebanese State Council suspended a controversial fuel tax increase approved earlier this year by the government of Prime Minister Nawaf Salam. The decision led to a decrease of approximately 100,000 Lebanese pounds......

Morocco secures water autonomy as OCP completes record desalination pipeline ahead of schedule

Morocco’s OCP Group has achieved a landmark in water sustainability, completing the country’s longest water pipeline two years ahead of schedule. The 203-kilometer infrastructure transports desalinated water from Jorf Lasfar on the Atlantic coast to the phosphate-rich Khouribga region, addressing......

Morocco's electricity demand surges as heatwaves drive air conditioning usage

Morocco's electricity grid has witnessed a significant surge in demand, peaking at around 7.0 gigawatts on June 20, attributed to persistent heatwaves that have increased reliance on air conditioning. This figure represents a nearly 5% rise compared to 2024, according to Energy Transition Minister......

China strengthens Morocco partnership as a gateway to Africa

China is seeking to deepen its multisectoral collaboration with Morocco, positioning the North African country as a key entry point for expanding its influence across Africa. The partnership spans healthcare, trade, and technology, with both nations emphasizing shared goals for regional development and......

Stellantis boosts Morocco’s industrial ambitions with €1.2 billion expansion

Morocco has made a significant stride in its industrial development with the inauguration of the expanded Stellantis plant in Kenitra. This €1.2 billion initiative is set to double the plant's production capacity, elevate local integration to 75% by 2030, and create 3,100 new direct jobs, solidifying......

Morocco ranks 51st in global work-life balance index, highlighting urgent reform needs

Morocco has ranked 51st out of 60 countries in the 2025 Global Work-Life Balance Index, reflecting significant challenges in aligning working conditions with quality of life. The report, published by Remote, a global platform for remote employment, underscores systemic issues in the country’s labor......

Morocco and Niger collaborate to transform transport and logistics sectors

Morocco and Niger have reinforced their partnership in the transportation and logistics sectors, with a focus on overcoming Niger’s geographic challenges as a landlocked nation. In a meeting held in Rabat, Morocco’s Transport and Logistics Minister Abdessamad Kayouh hosted Niger’s Transport......

United States imposes 30% tariff on Algerian exports starting August 2025

The U.S. government, under President Donald Trump, has announced a 30% customs surcharge on all products imported from Algeria, effective August 1, 2025. The decision was communicated in a formal letter sent to Algerian President Abdelmadjid Tebboune as part of a broader trade policy shift targeting......

Who are the 8 American billionaires of African descent holding $413 billion in wealth?

According to Forbes’ July 2025 data, the United States is home to 125 billionaires of foreign origin, a significant increase from 92 in 2022. Among them, 8 billionaires have African roots, and together they control a staggering $413 billion, equivalent to nearly one-third of the total wealth held......

Moroccan mutual funds exceed 768 billion dirhams in assets as of July 4

As of July 4, 2025, the total net assets under management by Moroccan mutual funds, known as OPCVM (Undertakings for Collective Investment in Transferable Securities), have surpassed 768.2 billion dirhams, marking a weekly increase of 5.29%, according to the Moroccan Capital Market Authority (AMMC). This......