Business Europe Headlines Morocco

Morocco overtakes Spain as second-largest Tomato supplier to EU

Morocco has steadily strengthened its foothold in the European tomato market over the past decade, becoming the EU’s second-largest supplier in 2025 as traditional European producers lost ground, according to data from Euroestacom (ICEX–Eurostat). Moroccan tomato exports to the EU rose nearly 44% between 2013 and 2025, reaching 526,580 tons last year and lifting the […]

Business Europe Headlines Morocco

Saham Group Eyes Deeper Stake in Teleperformance While Keeping Its Moroccan Identity

Morocco’s Saham Group is preparing to increase its shareholding in Teleperformance, the Paris-based global leader in customer experience services, in a move that reinforces the group’s ambition to build a significant presence in the upper tier of the international business services industry. The planned capital increase follows a trajectory set in motion by the November […]

Business Headlines Morocco

Morocco’s Industrial Output Stagnates in January as Sales Decline

Morocco’s industrial sector began 2026 on a subdued note, with production flatlining and sales volumes retreating across several key branches, according to Bank Al-Maghrib’s monthly business conditions survey for January. The central bank’s data showed overall capacity utilization settling at 77 percent, a reading that reflects the uneven performance across the country’s main industrial segments. […]

Business Headlines Morocco

Morocco’s Insurance Sector Posts Strong Growth, Exceeding MAD 64 Billion in 2025

Morocco’s insurance and reinsurance sector closed 2025 on a robust note, with total premiums written surpassing 64.3 billion dirhams — a year-on-year increase of 7.9 percent — according to figures released by the Insurance and Social Welfare Supervisory Authority, known by its French acronym ACAPS. The growth was broad-based, with both major branches of the […]

Business Europe Headlines Morocco

Morocco and Finland Deepen Political and Economic Partnership

Morocco and Finland have reaffirmed their commitment to a strengthened bilateral relationship following high-level talks in Rabat between Foreign Minister Nasser Bourita and his Finnish counterpart Elina Valtonen, with discussions spanning economic cooperation, regional security, and key geopolitical issues. On the economic front, Bourita highlighted notable progress in trade relations, pointing to the presence of […]

Business Headlines Morocco

Morocco’s Handicraft Sector Shifts Gears From Social Safety Net to Economic Engine

Morocco is reshaping the way it views and manages its artisanal sector — moving decisively from treating it as a social support mechanism toward positioning it as a genuine driver of national economic wealth and export growth. The sector’s current scale is already impressive. Artisanal activity contributes approximately seven percent of Morocco’s GDP and employs […]

Egypt Europe Finance Headlines Morocco

Morocco and Egypt Lead African Nations as Top EIB Beneficiaries in 2025

Morocco and Egypt have emerged as the primary African recipients of European Investment Bank financing in 2025, as the EU’s financial arm deployed a record €3.1 billion across the continent through its international development branch, EIB Global — representing one third of the institution’s total disbursements outside the European Union. The investment drive, aligned with […]

Emerging Markets Headlines Morocco

Morocco Moves to Grant Protected Status to More Terroir Products

Morocco’s Ministry of Agriculture is accelerating its labeling agenda, with several emblematic local specialties — including olive oils, honey, and dried fruit — set to receive Protected Geographical Indication (PGI) status in the coming months. The push is being driven through technical assistance launched by the Regional Directorate of Agriculture for the Fès-Meknès area. Among […]

Finance Headlines Morocco

Morocco Reclaims Investment Grade Rating, Standing Alone in Africa

Morocco has become the first — and currently only — African sovereign to hold an investment grade rating from Standard & Poor’s on the eurobond market, a distinction that marks a significant turning point in the country’s financial standing and its positioning among emerging market economies. In its Africa Credit Rating Trends 2025 report, S&P […]

Finance Headlines Libya

Libya Tax Authority Reports Record 3.99 Billion Dinars in 2025 Revenues

Libya’s Tax Authority has announced that it collected 3,986,644,300 Libyan dinars in 2025, marking the highest annual revenue since its establishment and approaching the four-billion-dinar threshold. The milestone reflects what officials described as a transformative year for public revenue mobilisation. According to official figures, the western region accounted for the largest share of collections, contributing […]