First Independent Mena Newspaper
A new subsea fiber optic cable connecting the Canary Islands to Morocco is set to play a major role in Atlantic connectivity, Spanish media reported. The project is being spearheaded by Spanish company Islalink in collaboration with Canalink, an operator linked to the Island Council of Tenerife and the Technological and Renewable Energy Institute (ITER), […]
Morocco is on the cusp of securing a deal for 32 U.S. advanced fighter jets, becoming the first Arab and African nation to operate the fifth-generation stealth combat aircraft, says Military Africa news platform. The $17 billion deal, spanning over 45 years, covers maintenance and technical support and spare parts, says the report, noting that […]
Morocco’s ambitious free trade strategy has expanded market access and boosted key export sectors, but widening trade deficits with major partners raise questions about the agreements’ overall economic impact, according to new analysis. The kingdom’s imports under free trade agreements reached 207.8 billion dirhams ($20.4 billion) in 2022, climbing 20.9% from the previous year, with […]
Morocco has strengthened its export development strategy with “Power Export: One Shop Store Export,” a comprehensive program launched by the Ministry of Foreign Trade in partnership with Maroc PME under the 2025-2027 Foreign Trade Pact for Growth and Employment. Designed as a one-stop-shop, the program supports Moroccan companies—whether already operating internationally or preparing to enter […]
After a prolonged slump, Morocco’s potato export sector grew almost sixfold between July 2024 and May 2025 year-on-year, as the country exported 42,900 tons of table potatoes, generating $14.9 million in revenue, specialized fresh produce portal EastFruit said. This marks a dramatic turnaround: export volumes surged by a factor of 5.7 compared to the previous […]
South Korean rail manufacturer Hyundai Rotem inaugurated its first Moroccan subsidiary this August, marking the company’s third African establishment following Egypt and Tunisia, as part of a historic $1.5 billion railway modernization contract. The landmark deal, signed in February 2025, represents Hyundai Rotem’s largest-ever railway contract worth approximately 2.2 trillion won. The agreement covers delivery […]
Moroccan international university of Rabat has partnered with American technology company Cisco to advance cybersecurity and artificial intelligence (AI) through the establishment of a local Cisco Incubation centre. Under an agreement signed Wednesday, Cisco pledges to foster collaboration among academia, the private sector, and public institutions to accelerate Morocco’s digital transformation, support its growing innovation […]
African startups achieved a two-year funding record in July 2025, raising $550 million across 61 deals worth at least $100,000 each, with Morocco emerging as a notable contributor outside the traditional “Big Four” markets. The exceptional performance was driven primarily by two Kenyan energy giants: d.light securing $300 million and Sun King raising $156 million. […]
The Arab Monetary Fund has forecast Libya’s economy to expand by 14.3% in 2025, before moderating to 5.9% the following year, contingent on improved domestic stability and stronger investor confidence. In its latest Arab Economic Outlook report released this week, the Fund attributed the robust growth outlook to the hydrocarbons sector, which provides over 95% […]
Morocco emerged as Spain’s largest fresh fruit and vegetable supplier in the first five months of 2025, delivering €834 million worth of produce and achieving a remarkable 30% year-over-year growth, according to official Spanish data. The significant performance places Morocco well ahead of traditional European suppliers, with France ranking second at €234 million—representing a 6% […]