Business Headlines Morocco

Aeronautics: King Mohammed VI presides over the launch in Morocco of one of the world’s largest manufacturing centers for landing gear systems of the Safran Group

King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, chaired on Friday at the Royal Palace in Casablanca the presentation and launch ceremony of the project to build a landing gear production factory for the Safran group in Nouaceur, a project that reinforces Morocco as a destination of choice and a genuine integrated industrial […]

Algeria Business Headlines

Jumia to exit Algeria citing stagnant market

Jumia Technologies AG said it will put an end to its operations in Algeria by the first quarter of 2026, as the company seeks to shift focus to strongest African markets. The move follows earlier exits from South Africa and Tunisia and forms part of a broader “geographic recalibration” aimed at improving operational efficiency and […]

Finance Headlines Morocco

Stellantis Morocco Joins Efforts with Attawfiq Microfinance to Boost Sale of E-Three-wheeler

Leading carmaker Stellantis Morocco has partnered with Attawfiq Microfinance to enable small business owners purchase FIAT TRIS, a 100% electric three-wheeled vehicle produced in Kenitra plant, Morocco. Under the deal, Attawfiq Microfinance, established in 2000 by Moroccan BCP Group, will provide small loans to those wishing to get TRIS without a heavy upfront. The goal […]

Finance Headlines Morocco

IMF Expects Morocco’s Strong Growth momentum to continue in 2026

Morocco’s strong growth momentum is expected to continue in 2026, supported by public and private investment and solid agriculture output, said the International Monetary Fund. In a statement released Thursday following the conclusion of the Fund’s Article IV consultation mission to the Kingdom, the IMF said Morocco’s economic growth in 2025, estimated at 4.9 percent, […]

Business Headlines Morocco

Morocco Sets New Record in Lemon Export in Five Years

Morocco has set a new record in lemon export in five years during the 2024/2025 season, says Eastfruit news platform. Between November 2024 and October 2025, the North African country exported 9,700 tons of lemons, valued at over $ 5 million. This represents an 80% increase compared to 2023/2024. This good performance has been driven […]

Community Finance Headlines Morocco

Morocco, On High Royal Instructions, Earmarks MAD 3 Bln for a Major Aid & Support Program for Extreme Weather-affected Communities

Following the exceptionally severe weather conditions that have affected Morocco over the past two months, particularly in the Gharb plain and Loukkos, King Mohammed VI has instructed the government to roll out a major aid and support program for affected families and populations, and to take the regulatory measures required in such circumstances. Following the […]

Business Headlines International Morocco Technology

Australia Supports Morocco’s Climate-Smart Agriculture Projects

Morocco’s National Institute for Agricultural Research (INRA) and the Australian Centre for International Agricultural Research (ACIAR) have agreed to strengthen cooperation in scientific research, innovation and climate adaptation in agriculture. The agreement was sealed this week in Rabat. The signatories pledged to conduct joint research projects, boost capacity building &training, enhance the exchange of expertise […]

Americas Business Headlines Morocco

Sahara: US Delegation Explores Business Opportunities in Dakhla-Oued Eddahab Region

An American delegation from Great Neck, a village in Nassau County, New York, visited lately the Moroccan Saharan city of Dakhla to tap into the region’s economic potential, identify its investment opportunities and strengthen cooperation ties between the twinned cities. Mayor of Great Neck Pedram Bral, who headed the business delegation, said the visit is […]

Africa Business Headlines Morocco

Moroccan port operator Marsa Maroc expands to Liberia

Marsa Maroc has signed a management contract with Liberia’s National Port Authority to operate two jetties at the port of Monrovia, marking the Moroccan operator’s first entry into the Liberian market and a major step in its African expansion. Liberian President Joseph Nyuma Boakai publicly acknowledged the partnership with Morocco in a January 26 address […]

Algeria Columns Finance Headlines

Algeria artificially inflates GDP with no impact on economic activity or living conditions

President Abdelmadjid Tebboune has set a headline-grabbing target of an Algerian gross domestic product set to surpass $400 billion by end-2027. State news agency APS quoted him saying the milestone would be reached “at the very latest,” a pledge he and allied outlets have reiterated since 2024. On paper, that would mean well over 50% […]