First Independent Mena Newspaper
The Moroccan automobile market recorded a landmark year in 2025, posting a historic 33% surge in sales driven by renewed consumer demand, the rapid rise of hybrid and electric vehicles, and an unprecedented influx of Chinese carmakers. Total sales reached 235,372 units by the end of December, compared with 176,401 in 2024, according to data […]
Morocco’s farming sector faces an acute labor shortage that industry leaders now characterize as more pressing than water scarcity, threatening harvests across multiple crops despite favorable rainfall boosting production. Agricultural employers struggle recruiting workers, particularly for seasonal employment essential to manual operations including harvesting, thinning, and crop maintenance. Rachid Benali, president of the Moroccan Confederation […]
Libya’s central bank devalued the dinar by 14.7%, citing declining oil revenues and mounting economic pressures. The decision followed deliberations at the bank’s first board meeting of 2026, held last week, and was based on recommendations from the Monetary Policy Committee. Following the adjustment, the exchange rate was set at 0.1150 Special Drawing Rights (SDR) […]
Morocco is reportedly exploring the acquisition of up to 400 South Korean K2 Black Panther tanks and the Cheongung medium-range air defense system as strategic partnership between Seoul and Rabat is gaining momentum. According to experts, the potential deal would enable Moroccan army to diversify military weaponry and modernize its land and air defense capabilities. […]
Agriculture Minister Ahmed El Bouari represented Morocco at the 18th Global Forum for Food and Agriculture held January 14-17 in Berlin during International Green Week. The Kingdom’s participation reaffirmed commitment to integrated sustainable water resource management, resilient agriculture, and strengthened international cooperation supporting food security and sustainable development. Organized under the theme “Water. Crops. Our […]
An American trade mission from North Dakota will visit Morocco in April 2026 to explore joint business and investment opportunities offered in agrifood sector, one of the key pillars of the Kingdom’s economy. The announcement was made by Agriculture Commissioner of North Dakota Doug Goehring. “The purpose of the mission to Morocco is to develop […]
Strengthening trade between Morocco and Mauritania was at the center of talks on Friday in Rabat between Secretary of State for Foreign Trade, Omar Hejira, and a delegation from the Mauritanian Employers’ Association. The meeting explored opportunities for cooperation, particularly in logistics, goods transit, and the development of Mauritanian exports to the Moroccan market and, […]
France’s economic diplomacy in Africa, historically a cornerstone of Paris’s international influence, confronts profound crisis as market share erodes and competitors gain ground. Fifteen years ago, France still considered itself a major banking and commercial power across the continent, with key sectors from finance to infrastructure making Paris an indispensable partner for Francophone and Anglophone […]
Swiss Engineering Company Cavotec has announced the signing of an order with TAKRAF India Pvt. Ltd. for the supply of cable and hose reel systems to Morocco’s OCP group, the world’s largest producer of phosphate-based fertilizers. The order comprises seven cable reel systems and six hose reel systems. The systems will provide safe and reliable […]
Morocco’s orange exports rise for second seasonMoroccan orange exports rose for a second straight season in 2024/25, continuing their recovery after a sharp slump two years earlier, fresh produce specialist outlet EastFruit reported. Morocco exported 84,600 tons of oranges worth $61 million between November and October, up 38% from the previous season and more than […]