Morocco’s GDP is expected to increase to 4.5 pc in 2021 as the country’s economy is recovering from a 5.9 pc decline in 2020 after growing 2.5 pc in 2019, says the African Development Bank in its latest report. During the third quarter of 2020, Morocco’s exports of automotive parts and phosphate and derivatives rebounded […]
French artificial intelligence operators are rapidly establishing presence in Morocco through significant partnerships spanning industrial transformation and digital innovation. OCP Group announced a strategic collaboration with Mistral AI within its “Bionic” program framework, aiming to transform operational models through agentic AI integration. The partnership, signed by OCP’s Rock Solutions strategic business unit under Managing Director […]
Morocco’s textile industry has outperformed pre-pandemic levels hitting 3.26 billion dollars in exports up to November this year according to foreign exchange data, but professionals warn of the heavy dependence of Moroccan textile sector on imported material. For decades, Morocco is in the top 10 list of suppliers of the European market and takes the […]
