Business Headlines Morocco

Managem Revives Medieval-Era Copper Mine as Prices Surge

Moroccan Managem mining group is preparing to bring a new copper deposit into production by 2029, at Bouskour in Jbel Saghro massif east of Ouarzazate, a site first worked in medieval times and now being revived as global copper demand and prices climb, according to Medias24. The move follows Managem’s 2025 launch of Tizert, currently […]

Emerging Markets Headlines Morocco

Morocco to Audit Direct Housing Aid Program Ahead of 2028 Deadline

Two years after its launch, Morocco’s direct housing subsidy program, known as Daam Sakane, is entering a phase of in-depth evaluation, the Housing Ministry has announced, as officials look to assess the program’s real effects on households, the property market and the wider economy ahead of its scheduled expiry in 2028. Launched in January 2024, […]

Energy Finance Headlines Morocco

Private Investors Flock to Morocco’s Water and Electricity Sector as ONEE Unveils New Plan

Morocco’s national water and electricity utility, ONEE, has approved a 2026-2030 equipment plan worth 177 billion dirhams for electricity and 42.1 billion dirhams for drinking water, with 72 percent of the total to be financed directly by the private sector, the utility’s board decided at a session in Rabat. The electricity component centers on accelerating […]

Business Energy Europe Headlines Morocco

Morocco to Build Major Waste-to-Energy Facility, One of Largest in Africa

Morocco looks forward to producing power from solid waste and turning a landfill into source of energy to speed up its transition to clean economy. To achieve this goal, Moroccan authorities have signed a concession agreement with Swiss-Japanese firm Kanadevia Inova and its partners for the development of the Casablanca Solid Waste Treatment and Valorization […]

Finance Headlines Morocco

Morocco Posts Record Currency Inflows on Tourism, Diaspora and Foreign Investment

Morocco’s external accounts showed strong momentum in the first half of 2026, driven by a recovering tourism sector, steady support from its diaspora and an unprecedented surge of foreign investor interest, according to Foreign Exchange Office data relayed by several media, which described the results as a particularly welcome signal of resilience against a backdrop […]

Business Headlines Morocco

Morocco Adds 279,000 Paid Jobs in 2026 Second Quarter as Unemployment Falls to 9.5 Percent

Morocco’s labor market showed clear signs of improvement in the second quarter of 2026, with paid employment climbing and strict unemployment falling, according to a newly expanded Labor Force Survey from the High Commission for Planning, which grew its annual sample from 90,000 to 135,000 households while adopting updated International Labor Organization standards. The number […]

Emerging Markets Headlines Morocco Technology

Morocco Pivots Toward Cloud Computing and AI to Power Next Growth Phase

Having built its economic appeal over the past two decades on major physical infrastructure, from highways to ports and industrial platforms, Morocco is now shifting its growth model toward data, artificial intelligence, cloud computing and human capital, Finances News Hebdo reports. The adoption of the Digital Morocco 2030 roadmap marks this shift, treating digital technology […]

Finance Headlines Morocco

Morocco Ranks Among World’s Top 10 for Private Investment Mobilized via Development Finance

Morocco was among the world’s leading countries for attracting private investment backed by public development finance between 2021 and 2024, according to a new report by the Organization for Economic Cooperation and Development, ranking joint 10th globally and third in Africa. The kingdom attracted an average of $1.5 billion a year over the period, equal […]

Finance Headlines Morocco

Morocco’s Trade Deficit Widens to 198 Billion Dirhams in First Half of 2026

Morocco’s trade deficit widened to 198.38 billion dirhams by the end of June 2026, up 23.5 percent from the same period last year, according to figures from the Foreign Exchange Office, as import growth continued to outpace export growth despite a resilient performance from the kingdom’s industrial exporters. Goods imports rose 15.3 percent to 458.77 […]

Finance Headlines Mauritania

Mauritania’s Economy Shows Resilience, GDP Grows 4% in 2025

Mauritania’s economy recorded steady growth and improved macroeconomic stability in 2025, according to the Central Bank of Mauritania’s annual report published over the week-end. The report said real Gross Domestic Product (GDP) expanded by 4% in 2025, following a 6.3% growth rate in 2024, despite global economic uncertainties and geopolitical tensions. Inflation remained under control, […]