Keywords: Economic growth


AfDB approves €150 million credit for sustainable infrastructure projects in Morocco

The African Development Bank (AfDB) board approved on Wednesday in Abidjan a €150 million credit line to Morocco’s Communal Equipment Fund (FEC) to finance new investment and sustainable infrastructure projects. The initiative aims to promote inclusive development and strengthen local territorial......

Moroccan textile exports rise but lose ground in Europe

Morocco’s clothing exports to the European Union grew slightly in the first half of 2025, but the country’s share in the European market is slipping as Asian competitors strengthen their dominance. Despite positive results, Morocco faces growing pressure to reinvent its textile industry and......

Xi calls for multilateralism at APEC summit as Trump skips regional forum

Chinese President Xi Jinping positioned Beijing as a champion of multilateral cooperation during the APEC CEO Summit in South Korea, delivering a written speech that highlighted China’s role as a key driver of global economic growth. In contrast, U.S. President Donald Trump opted to boycott the......

Ethiopia reduces foreign debt by over 80%, Boosting economic prospects

Prime Minister Abiy Ahmed announced that Ethiopia has successfully reduced its foreign debt by more than 80%, lowering it from $23 billion to $4.5 billion. This milestone marks a major achievement in the country’s economic management and fiscal discipline. The Ethiopian government......

Morocco’s housing aid program benefits over 71,000 citizens

More than 71,000 Moroccans have benefited from Morocco’s direct housing aid program since its launch, according to Fatima Ezzahra El Mansouri, the Minister of Urban Planning. Speaking before the House of Representatives on Monday, El Mansouri highlighted the program’s growing success and......

Coface reaffirms Morocco’s stability with “B” rating amid global uncertainty

Coface has upheld Morocco’s “B” rating in its October 2025 Risk Review, confirming the country’s moderate and controlled level of business risk. The decision underscores Morocco’s resilient economic fundamentals despite global volatility and regional pressures. According......

Southern Morocco becomes a hub for Morocco-France economic partnership

The southern provinces of Morocco are emerging as a key driver in strengthening economic ties with France, opening fresh avenues for shared growth and African integration, economic leaders from both countries noted during a forum in Dakhla on Thursday. At the Morocco-France Economic Forum, participants......

World Bank lifts Morocco’s 2025 growth outlook to 4.4% as key sectors drive recovery

Morocco’s economy is expected to expand by 4.4% in 2025, according to the World Bank’s latest Regional Economic Outlook for the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP). The updated forecast highlights stronger-than-expected performance across agriculture, tourism, and......

Ministers instruct environment agency to approve housing plans quickly

UK ministers have reportedly instructed the Environment Agency to approve housing planning applications with minimal scrutiny. The move is part of a broader regulatory reform aimed at boosting economic growth and addressing the government’s budget shortfall. Officials say they have been advised......