Morocco-usa

Morocco’s National Savings Rate Reaches 29.7% of GDP in Third Quarter

Morocco’s national savings rate climbed to 29.7% of gross domestic product during the third quarter of 2025, up from 28.7% one year earlier, according to the High Commission for Planning in its economic situation report. This evolution reflects slowing final national consumption in value terms, which progressed 5% instead of 6.1% in Q3-2024, the commission […]

Morocco’s Car Industry Attracting More & More Investors

Canada’s auto parts manufacturer Linamar Corp. is building a US $280 million plant in Morocco wherein car industry is thriving, becoming a leading export sector, attracting more & more foreign investors. Linamar’s plant is destined to supply engine parts to the new Peugeot factory before expanding to new plants that should open soon in Morocco. […]

Nigeria regains Africa’s top crude oil producer spot in May 2023 — OPEC report

Nigeria has regained its position as Africa’s top crude oil producer for May 2023, according to the latest report published by the Organization of Petroleum Exporting Countries (OPEC), that also attributes the slow growth of the country’s economy by 2.4% year-on-year in the first quarter of 2023 to certain factors including a decline in crude […]