Emerging Markets Finance Headlines Morocco

Morocco’s tax revenues jumps 21% by August

Morocco’s domestic tax revenues rose by an unprecedented 21% year-on-year by the end of August, signaling a remarkable fiscal performance ahead of the presentation of the draft Finance Bill for the upcoming legislative session, scheduled before October 20. The surge reflects a dynamic tax environment, with the country’s three main levies (corporate income tax (IS), […]

Emerging Markets Finance Headlines Morocco

Morocco expects higher growth in 2026 but needs to address structural issues

Morocco’s draft 2026 budget projects an economic growth rate of 4.5%, a figure that outpaces the global average of 3% and far exceeds the European Union’s sluggish 1%. On paper, the outlook appears promising. In reality, however, the growth target masks deeper structural issues. “A 4.5% growth rate is insufficient to absorb the growing ranks […]

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Libya, EU seek to deepen cooperation in tourism sector, preserve archaeological sites

The European Union representative Office in Tripoli announced the start of a new initiative aimed at strengthening the protection of World Heritage Sites and promoting cultural tourism in Libya, as part of international collaborative efforts to protect the country’s cultural heritage. The initiative was unveiled at the historic site of Leptis Magna Tuesday, during an […]

Emerging Markets Headlines Morocco

Morocco enacts long-awaited strike law

After more than sixty years of constitutional ambiguity, Morocco has finally adopted a legal framework regulating the right to strike. The organic law, published in the Official Bulletin on March 24, 2025, will take effect next week, according to L’Economiste. Although the Constitution guaranteed this right as early as 1962, no application text existed until […]

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African ‘transition states’ at crossroads: experts call for reforms, innovation, and investment

Leading African economists and policymakers have sounded the alarm on the urgent need for governance reforms, domestic resource mobilization, and strategic partnerships to transform the continent’s fragile “transition states” from crisis to growth. Speaking at a recent high-level policy dialogue during the 66th Annual Conference of the Nigerian Economic Society, experts emphasized that 24 African […]

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Morocco advances social protection rollout, millions already benefiting

Morocco is steadily heading to fulfil its commitment to fully implementing the nationwide social protection program, launched under King Mohammed VI’s directives, and the government is working within a clear, integrated framework to meet deadlines. The remarks were made by Head of the Government Aziz Akhannouch during a meeting of a ministerial commission held in […]

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Africa’s critical mineral boom: a double-edged sword of prosperity and instability

African countries are becoming key producers of critical minerals like cobalt and platinum, but the rush to extract these resources has also fueled instability, causing displacement and escalating armed conflicts across the continent. The International Monetary Fund (IMF) projected in its Regional Economic Outlook report published in April last year that critical minerals could boost […]

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Morocco reportedly in quest to strengthen naval capabilities with submarines

Morocco is reportedly in talks to acquire its first submarines, a move that would mark a historic shift in its naval doctrine and significantly enhance its maritime defense capabilities, Global Defense News said. The initiative comes amid rising regional competition and reflects Rabat’s ambition to modernize its military and assert greater control over its strategic […]

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OCP invests in new U.S. technology to co-produce clean hydrogen with sulfuric acid

Moroccan OCP Group, the world’s largest producer of phosphate-based fertilizers, has partnered with U.S. Peregrine Hydrogen Inc, a climate technology company, to co-produce clean hydrogen with sulfuric acid with an advanced electrolyzer technology. Under an agreement inked by the two parties, OCP pledges to fund deployment of Peregrine novel hydrogen technology and purchase the products […]

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Grounded ambitions: Africa’s aviation dreams detour through Europe

Despite growing calls for regional integration, most African air traffic continues to detour through Europe and the Middle East, exposing the continent’s stalled aviation reforms. A glaring example came during the 2025 Intra-African Trade Fair (IATF) in Algiers, where Kenyan and other countries’ delegates flew via Paris, turning a six-hour journey into a 15-hour ordeal […]