Morocco’s trade deficit shrinks by 14.6% in first quarter 2024

Morocco’s trade deficit dropped to 61.9 billlion dirhams, down 14.6%, thanks to higher exports and lower imports, the foreign exchange office said. Morocco’s automotive sector topped exports with 38.8 billion dirhams, up 13%, offsetting a 2.3% drop in phosphates exports at 17.6 billion dirhams. Morocco’s energy imports dropped in value by 13.6% to 28 billion […]

Morocco to administer Jansen vaccine in areas with higher Covid-19 infections

Morocco will soon receive 300,000 doses of the Johnson and Johnson vaccine (Jansen) which will be administered in areas where infections are rifer. These areas include the business and tourist hubs of Casablanca, Marrakech and Agadir, Medias24 reported. Unlike Sinopharm and AstraZeneca, currently in use in Morocco, the new shipment will enable the inoculation of […]

German Enterprises Association opens office in Rabat

The German Federal Association of Small and Medium-Sized Enterprises (BVMW) inaugurated its office in Morocco’s capital, Rabat. The office will help support the establishment and growth of German small and medium-sized enterprises (SMEs) in Morocco, strengthen ties, and foster industrial and economic cooperation. BVMW plans to promote lasting partnerships industry, education, vocational training, job creation, […]