First Independent Mena Newspaper
OCP Green Energy recently commissioned the Oulad Farès photovoltaic plant in Khouribga, featuring 105 megawatt-peak capacity that makes it Morocco’s largest solar farm of this type currently operational. The facility powers the world’s largest phosphate mine while injecting green electricity into the national grid. The installation spans 168 hectares with thousands of solar panels converting […]
The new Moroccan fund regulation is expected to be credit neutral to Fitch-rated Moroccan Money Market Fund (MMF) ratings, the global ranting agency says in a press release. On 21 October 2025, Morocco’s Chamber of Representatives adopted Project/Law No. 03.25, a reform of the regulatory framework for collective investment undertakings in transferable securities (OPCVMs). The […]
Morocco, which is globally recognized as one of the top travel destinations, is currently ranked in the top ten across a number of international tourism listings for 2025-2026, says international “Travel & Tour World” magazine. The country’s tremendous heritage, rich culture and coastal tourism enable travellers to live and enjoy memorable tourist worldwide, adds the […]
Morocco has launched bids for the construction of a 1,000 km ultra-high-voltage alternating current line to transmit about 2 GW between Boujdour and Tensift, with applications due Jan. 15, 2026. In a press release, Morocco’s National Office for Electricity & Potable Water (ONEE) says the power line will connect the regions of Boujdour and Tensift, […]
Morocco secured election to the vice-presidency of the United Nations Food and Agriculture Organization Council during the agency’s 179th conference in Rome on Monday. The kingdom will serve on the FAO Council, the organization’s 49-member executive body responsible for overseeing policy implementation and strategic direction, until 2029. This election confirms member states’ confidence in Morocco’s […]
Morocco recorded substantial growth in foreign direct investment during the first ten months of 2025, with net flows strengthening 39.4 percent to reach 27.06 billion dirhams compared to 19.41 billion dirhams during the same period last year, according to the Foreign Exchange Office. This evolution reflects renewed confidence among foreign investors and enhanced attractiveness of […]
The Moroccan currency is increasingly used in markets across West Africa and the Sahel, marking a significant shift in a region that has long been anchored to the CFA franc, tied to the French central bank. Although 14 African states still officially use the CFA franc, the Moroccan dirham has begun to circulate more widely […]
Morocco has continued to increase its fresh sweet corn exports to Germany for the second consecutive year. In the first nine months of 2025, Moroccan exporters shipped over 2,000 tons of fresh sweet corn to Germany, valued at $3.83 million. This volume breaks the previous record set in 2024 by 18% and is double the […]
Morocco’s tourism sector has confirmed its robust post-pandemic momentum with the tourism gross domestic product registering a remarkable 38.4 percent increase in 2024 compared to 2019 levels, according to the Tourism Satellite Account published by the High Commission for Planning. The sector’s contribution to national GDP strengthened from 6.8 percent to 7.3 percent, reflecting tourism’s […]
Authorities in the Casablanca-Settat region have officially ended direct involvement of elected officials and certain associations in managing sports infrastructure belonging to territorial collectivities. This major change materializes through creation of CasaRégionSport, the Casablanca Sports Facilities Company, with validation expected during an extraordinary municipal council session on December 2. Regional governor Mohamed Mhidia thus closes […]