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Morocco, Slovakia discuss ways of strengthening cooperation in the defense industry

Morocco and Slovakia have discussed at a meeting in Rabat Thursday ways of strengthening their cooperation in the defense industry. The meeting gathered Morocco’s Minister in charge of the National Defense Administration, Abdeltif Loudyi, and Slovak Deputy Prime Minister and Minister of Defense, Robert Kaliňák, who was accompanied by a high-level military delegation and senior […]

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Royal Atlantic Initiative reflects Morocco’s continental integration vision

A strategic conference held in Rabat Thursday focused on the maritime strategic challenges of Atlantic Africa. The event comes months after King Mohammed VI launched the Atlantic Initiative in November 2023, outlining an ambitious geopolitical project at the intersection of sovereignty, development, and regional integration. The conference, organized by the Policy Center for the New […]

Emerging Markets Headlines Morocco

Morocco halves multidimensional poverty rate over decade, rural gaps persist – HCP

Morocco’s multidimensional poverty rate has nearly halved over the past decade, driven by significant improvements in rural areas, according to a new report by the national statistics agency, the Haut-Commissariat au Plan (HCP) said. The share of the population living in multidimensional poverty fell from 11.9% in 2014 to 6.8% in 2024, with the number […]

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Gotion Power Morocco’s gigafactory to start production in 2026

Gotion Power Morocco, part of the EV battery giant Gotion High-Tech, will start producing at its gigafactory in Kenitra by the third quarter of 2026, company chairman Khalid Qalam said. In June last year, the Moroccan government unveiled an investment deal with Gotion High Tech worth $6.3 billion, including $1.3 billion in a first phase, […]

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Morocco to start rolling out 5G in six World Cup city hosts in 2026

Morocco prepares to launch the 5G internet network in the six cities that will host the 2030 World Cup, head of the country’s telecoms regulator Hicham Lahjomri said. By 2026, 25% of Moroccans will be connected through 5G, and 70% by 2030, he was quoted by Medias24 as saying. After the six cities, Morocco will […]

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SKF opens magnetic bearing plant in Morocco to meet growing demand

Swedish SKF Company, world leader in most innovative bearings, seals & lubrication systems, has opened its new factory in Tangier, Northern Morocco. The production site will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group’s position as a global leader in […]

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Morocco’s Competition Council accelerates electronic payment market opening

Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]

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Morocco sets water engineering standard for Africa – AfDB

Morocco has established a new civil engineering benchmark for Africa with the groundbreaking perforation of the Al Massira dam, addressing increasing water stress in the Marrakech region, according to the African Development Bank (AfDB). Engineers successfully drilled through Morocco’s second-largest water reservoir, with a capacity of approximately 2.6 billion cubic meters, to create a new […]

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US calls for more balanced trade relations with Africa

The U.S. State Department’s top official for Africa indicated Tuesday that any renewal of a major U.S.-Africa trade deal would likely require greater “reciprocity” from African nations. The African Growth and Opportunity Act (AGOA), which allows many African products duty-free access to the American market, expires in September 2025. Its future remains uncertain amid protectionist […]

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Lobito corridor, an exception in US aid cut

The US has scaled down its aid to Africa but kept supporting and funding for the Lobito corridor which will give its industry access to rare minerals, key to the energy transition. The Lobito Corridor is a major trans-African infrastructure project designed to connect the mineral-rich regions of the Democratic Republic of Congo (DRC) and […]