Morocco’s central bank pauses its monetary tightening as inflation is expected to further drop to 2.6% in 2024 from 6% in 2023 amid preparations for reconstruction in earthquake-hit areas. Speaking to the press Abdellatif Jouahri highlighted the uncertainties of the global economy and the need for vigilance, adding that holding the key interest rate as […]
Morocco’s High Commission for Planning reported a 0.1% decline in manufacturing sector production prices during August 2025, excluding petroleum refining, compared to July levels. The Industrial, Energy, and Mining Production Price Index revealed contrasting dynamics across industrial branches. Key manufacturing sectors drove the decline, particularly food processing, textiles, and metallurgy. Food industries recorded 0.2% contraction, […]
The Africa-focused energy group Chariot has has announced a material increase in its gas resources offshore Morocco, validating its decision to fast-track its field development plans for the Anchois gas project in Larache. On Wednesday, Chariot shared the results of an independent assessment by Oil & Gas consultant Netherland Sewell & Associates which has reviewed […]
