Finance Headlines Morocco

WB: Public Investment in Infrastructure for World Cup 2030 & Agricultural Rebound Drive Morocco’s Strongest Growth in a Decade

Morocco’s economy is growing at its fastest pace in over ten years, buoyed by a surge in infrastructure investment and an agricultural rebound, said the World Bank in latest report released Thursday. The “Morocco Economic Update summer 2026” report said the country’s macroeconomic foundations are solid, stressing that the country’s next great leap in productivity […]

Finance Headlines Morocco

AfDB Supports Morocco’s Inclusive & Climate-Resilient Development with €150 Mln Funding

The African Development Bank and the Fonds d’équipement communal (FEC) have signed a second agreement for a €150 million loan to support investment momentum across Morocco’s municipalities. The AfDB financing package will enable the FEC to continue funding sustainable, inclusive and climate-resilient infrastructure projects including the construction of rural access roads, drinking water networks, urban […]

Africa Business Headlines Morocco

Moroccan & Malian Businessmen Agree to Boost “win-win” Partnership

The Moroccan Confederation of Enterprises (CGEM/Employers Union) the National Council of Employers of Mali (CNPM) have decided to relaunch the Moroccan-Malian Business Council to advance partnership between the two countries in various sectors of common interests. The decision was made during the joint business forum held Thursday in Bamako on the sidelines of the Morocco-Mali […]

Business Headlines Mauritania

Mauritania: Mining permits must support production, not speculation

Mauritania’s Minister of Mines and Industry, Eddi Ould Zeine, has reaffirmed the Government’s commitment to strengthening governance in the mining sector, stressing that mining permits are meant for resource exploitation and value creation rather than speculation or monopolies. Speaking at a press conference after the Council of Ministers meeting, Ould Zeine said the recent cancellation […]

Headlines Morocco

Morocco Extends Grain Collection Deadline to Build Strategic Wheat Stock

Morocco is moving to secure its national cereal stocks after an exceptional harvest. The Council of Government adopted a new draft decree presented by the Minister of Economy and Finance concerning soft wheat and its derivatives, which extends the collection of import duties on soft wheat and derivatives, along with their suspension. The move gives […]

Africa Headlines

Sudan Army drone strike kills civilians in Blue Nile, rights group alleges

A Sudanese Army drone strike has killed several displaced civilians in Sudan’s Blue Nile region, according to rights group Emergency Lawyers. The group said the attack occurred on Thursday, July 23, 2026, when a drone targeted a gathering of displaced people in the southern Badia area of Blue Nile State. Preliminary reports indicate that dozens […]

Americas Business Headlines Morocco Sport

Hassan II Stadium, centerpiece of 2030 World Cup- leading US architecture magazine

U.S.-based design publication Architectural Digest (AD) has spotlighted Morocco’s planned Grand Stade Hassan II, describing the 115,000-seat venue near Casablanca as one of the most ambitious stadium projects linked to the 2030 FIFA World Cup. The stadium, currently under construction in Benslimane, around 40 km from Casablanca, is expected to become the world’s largest football-specific […]

Algeria Columns Europe Headlines

President Macron rejects visa targets for Algerians after envoy’s remarks spark controversy

French President Emmanuel Macron said France had set no numerical target for visas issued to Algerian citizens and was showing “no laxity” on the issue, distancing himself from comments by France’s ambassador to Algiers that had been interpreted as signalling an easing of visa restrictions. Government spokeswoman Maud Bregeon said Macron made the remarks during […]

Energy Europe Headlines Morocco

Morocco conditions inter-governmental deal for Sila Atlantik German Power-link

Morocco is moving forward on electricity interconnection projects with Spain, Portugal and France, while holding firm on terms in separate talks with Sila Atlantik which advocates a $30 billion subsea cable to export renewable energy to Germany. The Sila Atlantik project, a proposed 4,800-kilometer subsea cable that would carry up to 15 gigawatts of Moroccan […]

Finance Headlines Morocco

Morocco: Cash in circulation Jumps 18.5% in 2025- Central Bank

Cash in circulation in Morocco rose 18.5% year-on-year to 491 billion dirhams (53.9 billion dollars) in 2025, highlighting the economy’s continued reliance on cash despite efforts to expand digital payments, according to Morocco’s central bank. Cash in circulation was equivalent to 28.5% of gross domestic product, the central bank said in its annual report, warning […]