Keywords: Private sector


Morocco reaffirms support for Côte d’Ivoire’s development plan through stronger economic partnerships

Morocco has reaffirmed its commitment to strengthening economic cooperation with Côte d’Ivoire and supporting African economic integration, as Mehdi Tazi, president of the General Confederation of Moroccan Enterprises (CGEM), highlighted the role of Moroccan businesses in the implementation......

Morocco strengthens investment ties as EBRD vice president visits the kingdom

Morocco is set to reinforce its economic partnership with the European Bank for Reconstruction and Development (EBRD) as Mark Bowman, the institution’s Vice President for Policy and Partnerships, begins an official visit to the kingdom from June 24 to 26, 2026. The visit reflects the growing importance......

Germany’s private sector contracts at fastest rate in 18 months, PMI signals weak growth

Private sector activity in Germany weakened further in June, reaching its lowest level in 18 months, as a prolonged downturn in the services sector weighed on overall business conditions, according to a new survey. The latest flash Composite Purchasing Managers’ Index (PMI), compiled by S&P......

Tamwilcom launches Jossour 2030 to drive MAD 300 billion financing

Tamwilcom has unveiled its 2026-2030 strategic roadmap, known as “Jossour 2030,” with the goal of mobilizing MAD 300 billion in financing and generating MAD 170 billion in commitments over the next five years. The Moroccan public financial institution also seeks to stimulate more than MAD......

Aïd Al-Adha: The CGEM calls on private sector companies to declare May 29 a holiday

As Aïd Al-Adha approaches, scheduled to be celebrated on Wednesday, May 27, 2026, the General Confederation of Moroccan Enterprises (CGEM) has called on private sector companies to consider granting Friday, May 29, as a day off for employees whenever possible. This recommendation comes in a context......

French economic activity records sharpest decline in more than five years

Economic activity in France experienced its steepest decline in more than five years during May, according to the latest PMI Flash index published by S&P Global. The data points to a significant slowdown in the country’s private sector amid rising inflation and growing economic uncertainty. The......

Single ticket emerges for CGEM presidency election in Morocco

The upcoming leadership election of the Confédération générale des entreprises du Maroc (CGEM) is shaping up as a non-competitive process, with a single candidate ticket officially registered before the deadline. The duo of Mehdi Tazi and Mohamed Bachiri stands as the only......

South Africa’s private sector returns to growth as global tensions weigh on outlook

South Africa’s private sector showed signs of recovery in March, returning to growth after a period of stagnation, according to the latest Purchasing Managers’ Index (PMI) data. The PMI rose slightly above the neutral 50 mark, indicating expansion, as increased output and hiring supported......

War pressures Egypt’s private sector as PMI falls to near two-years low

Egypt’s non-oil private sector showed signs of renewed strain in March, as rising regional tensions and economic pressures weighed heavily on business activity. According to data from S&P Global, the country’s Purchasing Managers’ Index (PMI) declined for the fourth consecutive......