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Congo Basin Climate Commission Praises Morocco King’s Leadership on African Climate Action

The Congo Basin Climate Commission (CBCC) has praised Morocco’s King Mohammed VI for his “visionary leadership” in advancing African climate action, highlighting his role in strengthening continental cooperation and mobilizing joint responses to climate change. Speaking after a ministerial meeting of the CBCC in Nairobi, Congo’s Environment Minister and Executive Secretary of the Commission, Arlette […]

Morocco strengthens strategic position in global automotive supply chain

Morocco has consolidated its position among major European Union automotive suppliers, representing 4% of EU vehicle sales during the first half of 2025 according to European Automobile Manufacturers Association data. The kingdom ranks alongside China, Japan, Turkey, and South Korea as strategic partners in the global automotive value chain. This achievement results from expanding national […]

Morocco: Banking deposits surge 72% over a decade reaching $120 billion

Banking deposits in Morocco have experienced consistent growth over the past decade, reaching 1.271 trillion dirhams ($120 billion) in 2024 compared to 740 billion dirhams in 2014, representing a remarkable 72% increase. Bank Al-Maghrib monetary statistics confirm this robust upward trajectory, with deposits surpassing the one trillion-dirham milestone in 2020. The growth pattern demonstrates strong […]