First Independent Mena Newspaper
Morocco is steadily advancing toward its goal of 300,000 tons of aquaculture production and 30,000 jobs within the next decade, positioning aquaculture as a new engine for sustainable growth and innovation, says a report released lately by the World Bank. Morocco’s aquaculture offers investors huge opportunities with the rise of domestic seafood consumption due to […]
The first Agro Export Day held in Casablanca on Wednesday highlighted the key role played by the agri-food sector in promoting Morocco’s economy and exports. The event, themed “Made in Morocco, Desired Worldwide, Exporting Moroccan Quality,” attracted over 200 public and private stakeholders as well as agri-food marketing experts from six African and four European […]
Emerging rural centers represent Morocco’s strategic response to demographic challenges facing countryside communities experiencing drought, water stress, and accelerating rural exodus effects, aiming to strengthen territorial resilience while supporting genuine rural middle class development. This evolving concept addresses rural depopulation dramatically accelerated by climate change and seven consecutive drought years. Developing authentic rural middle class […]
Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]
Airbus said it has signed a contract with Morocco for ten H22M helicopters which will be equipped for combat search & rescue operations and will be operated by the Royal Moroccan Air Force. “We are honored that Morocco has chosen to replace its legacy Puma fleet with the H225M,” said Bruno Even, CEO of Airbus […]
Morocco continues establishing itself as Africa’s foremost electric vehicle market, driven by affordable Chinese imports and rapidly expanding domestic production capabilities. A recent BMI-Fitch Solutions analysis projects exceptional growth for the kingdom’s electric mobility sector through 2026. Electric vehicle sales are expected to surge 80.4% in 2025, reaching 5,311 units and capturing 2.6% market share […]
Morocco’s Competition Council quarterly analysis of nine fuel distribution companies reveals price, margin, and tax revenue declines during the second quarter of 2025, highlighting persistent gaps between international cost reductions and domestic pricing adjustments. The comprehensive monitoring system, established through transactional agreements between the Competition Council and distribution companies, provides essential economic transparency in a […]
Representatives from Libya’s two competing legislative bodies signed an agreement on Tuesday, November 18, for a unified development program, according to the Central Bank of Libya. The move aims to harmonize financial governance after more than a decade of divided budgets between eastern and western Administrations. Although specific details were not disclosed, the Bank said […]
Morocco has achieved a significant industrial breakthrough, with high and medium-high technology sectors now generating over half of the country’s total industrial added value, Minister of Industry and Commerce Ryad Mezzour announced Monday before the House of Representatives. The North African nation reached this 50% threshold in 2024, surpassing targets outlined in the New Development […]
Morocco has mobilized more than 78 billion dirhams ($8.5 billion) to develop a clean, modern, and multimodal public transport system by 2029, Abdellatif Maâzouz, president of the Casablanca-Settat Regional Council, said during a side event at COP30. The investment plan allocates 11 billion dirhams for the acquisition of 3,750 next-generation buses and 67 billion dirhams […]