First Independent Mena Newspaper
Morocco’s domestic commerce sector participated in comprehensive discussions at Maamora near Salé, bringing together merchants, federations, professional associations, and private operators to address structural challenges within this essential economic sector. The gathering focused on formalizing retail operations while advancing digital integration across small-scale commerce, reported L’Economiste daily this Wednesday. Industry and Commerce Minister Ryad Mezzour […]
Morocco’s trade deficit reached 225.29 billion dirhams through August 2025, increasing 15.5% compared to the corresponding 2024 period, according to Foreign Exchange Office data. This widening gap results from import growth outpacing export expansion despite positive performance in other economic sectors. Imports surged 8.4% to 533.42 billion dirhams while exports grew more moderately at 3.8%, […]
The Trump administration has backed a one-year extension of the African Growth and Opportunity Act (AGOA) just as the two-decade-old trade agreement was set to expire on 30 September. While the move offers temporary relief, it has done little to dispel mounting fears over the future of U.S.-Africa trade. AGOA, first passed in 2000, provides […]
Morocco’s domestic demand accelerated dramatically to 9.2% growth during second quarter 2025 compared to 6.6% in the corresponding 2024 period, contributing 9.9 points to GDP growth versus 7.1 points previously. The High Commission for Planning’s national accounts confirm consumption and investment’s driving role in the kingdom’s economic recovery. Gross investment levels encompassing fixed capital formation, […]
Fitch Ratings has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook. Morocco’s ‘BB+’ ratings reflect sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable international liquidity buffers, explained the agency in a commentary published on its official website. Fitch indicated that Real GDP growth was stable […]
Morocco and Ghana have expressed shared resolve to upgrade military partnership between the two countries’ Armed Forces and to explore means of expanding this partnership. This came during a meeting in Rabat Tuesday between Inspector General of the Royal Armed Forces and Commander of the Southern Zone, Lieutenant General Mohammed Berrid, and Chief of the […]
Morocco will launch comprehensive preparatory studies for “Agricultural Vision 2050” beginning November, establishing a strategic roadmap redefining the sector’s role over three decades. The studies, to cost nearly 10 million dirhams, will draw a vision that will succeed the current “Generation Green” program beyond 2030, addressing food security and climate challenges while consolidating national sovereignty, […]
Morocco’s economy achieved 5.5% growth during the second quarter of 2025 compared to 3% in the corresponding 2024 period, driven by secondary sector expansion and domestic demand within controlled inflation contexts. The High Commission for Planning’s national accounts data highlights significant acceleration across multiple economic sectors. Non-agricultural activities recorded 5.5% volume growth while agricultural sector […]
Libya’s Ministry of Economy and Trade has launched on Monday, September 29, the “Entrepreneurs Skills and Solutions Project” aiming to enhance youth employment and strengthen the private sector through targeted skills development. The initiative, unveiled during a workshop in Tripoli, brought together ministry undersecretaries, representatives from chambers of commerce, international training organizations, and university innovation […]
The United States Department of State has praised Morocco’s strategic transformation into a regional business and industrial hub, citing its political stability, infrastructure development, and investor-friendly reforms as key drivers of economic growth. In its 2025 Investment Climate Statement, the US government underscores Morocco’s emergence as a gateway to Africa, Europe, and the Middle East, […]