Business Headlines Morocco

Marsa Maroc posts strong 2025 results as traffic and revenue surge

Morocco’s leading port operator Marsa Maroc closed 2025 with strong operational and financial results, reporting higher traffic volumes, solid revenue growth and major advances in its international expansion strategy. The company handled 67.1 million tons of cargo in 2025, up 6% from the previous year, despite adverse weather conditions in the fourth quarter that temporarily […]

Business Headlines Morocco

Desalination Emerges as Morocco’s Strategic Battleground Against Water Scarcity

After enduring one of the most severe drought cycles in its history over the past seven years, Morocco is industrializing its response to water scarcity through an ambitious desalination expansion. According to research firm Renub Research, the Moroccan desalination market is projected to double from $400 million in 2024 to $850 million by 2033, growing […]

Finance Headlines Morocco

EIB Increases Support for Morocco in 2025, Cementing Rabat-Brussels Partnership

The Rabat-Brussels axis is gaining momentum amid a rapidly changing geostrategic landscape. While the European Union has endorsed lately Morocco’s autonomy plan in the Sahara, the European Investment Bank (EIB) announced a record €740 million funding to the Kingdom in 2025. The growing political and financial partnership between Morocco and the European Union seeks a shared […]

Finance Headlines Libya

Mohammed Menfi Establishes High-Level Economic Advisory Committee Amid Currency Crisis

The Head of the Presidential Council, Mohammed Menfi, has constituted a specialised advisory Committee to assess Libya’s worsening economic landscape and recommend corrective measures. The newly formed body, chaired by Hossam Al-Shahibi and comprising seven economic and financial experts, has been mandated to deliver a comprehensive technical report evaluating the country’s macroeconomic performance and institutional […]

Business Headlines Morocco

Morocco expects to double its cereals harvest after abundant rain

Morocco’s grain crop is expected to double this season after heavy winter rains boosted moisture levels and dam reserves, traders and millers said, adding that recent floods in the country’s northwest are unlikely to significantly affect overall output. Moulay Abdelkader Alaoui, head of the National Federation of Millers, told Reuters the sector plans to add […]

Finance Headlines Libya

Libya: Prime Minister, Central Bank Governor Align on Liquidity, Forex Controls, Price Stability Measures

Prime Minister Abdulhamid Dbeibah has met with Central Bank of Libya (CBL) Governor Naje Issa to address what officials described as priority economic and financial concerns, with a focus on liquidity, foreign exchange regulation and price stability. In a statement posted on the government’s official platform, on February 16, talks centred on improving cash availability […]

Business Europe Headlines Morocco Technology

Morocco Receives Modern Tactical Recovery & Evacuation Vehicles

Morocco continues modernizing its military equipment with the acquisition of TREVA-30, a tactical recovery and evacuation vehicle (ARV) developed & manufactured by Excalibur Army of the Czechoslovak Group. The vehicle is designed for military use (recovering tanks, APCs/IFVs, trucks, etc.), civil rescue, firefighting, and heavy engineering tasks. It is powered by a nearly 400 kW engine and built on Tatra Force […]

Africa Asia Business Headlines

China Eliminates Tariffs for 53 African Nations Including Morocco

In a landmark trade policy shift, China has announced the complete removal of customs duties on imports from 53 African countries, including Morocco. The zero-tariff regime, set to take effect on May 1,2026, aims to deepen economic cooperation and open one of the world’s largest consumer markets to African exporters. The announcement was made by […]

Africa Europe Finance Headlines

Italy offers debt relief to African countries hit by climate disasters

Italy announced a plan to allow African countries to suspend debt repayments after extreme climate events, a proposal unveiled by Prime Minister Giorgia Meloni during the second Italy–Africa Summit held on the sidelines of the African Union (AU) meeting in Addis Ababa. The initiative forms part of Italy’s broader Mattei Plan, which allocates €5.5 billion […]

Business Headlines Morocco

Maroc Telecom’s profits jump 288% in 2025 to $760 million

Maroc Telecom, Morocco’s largest telecoms operator, said on Friday it made a profit attributable to shareholders of 7 billion dirhams ($760 mln) in 2025, up a 288%, as it patched a thaw with its competitor Wana that led it to pay over 6.3 billion dirhams. The operator’s customer base grew to 77 million, up 3.6%, […]