Africa Finance Headlines

Africa’s informal economy employs 83% of workforce in 2024- UN data

About 83% of all jobs in Africa were informal in 2024, highlighting the continued dominance of an economic model that sustains livelihoods while constraining public finances and social protection, according to consolidated figures from the UN Economic Commission for Africa (ECA). The scale of informality has barely shifted over the past two decades, with the […]

Africa Business Community Headlines Morocco

FAO Designates Morocco a Model for South-South Agri-Food Cooperation at SIAM 2026

The Food and Agriculture Organization of the United Nations has publicly designated Morocco as a reference country for the transformation of agri-food systems and a leading model for South-South cooperation in the agricultural domain. The recognition was delivered on Saturday at SIAM 2026 in Meknès by Alexandre Huynh, the FAO’s Representative in Morocco, during a […]

Africa Finance Headlines Morocco

S&P highlights Morocco’s resilience to external shocks amid global geopolitical uncertainties

Morocco’s economy is among the most resilient in Africa to external shocks from the war in the Middle East, helped by stronger foreign‑exchange reserves and broader financing options, S&P Global Ratings said, even as it warned that prolonged disruption could strain the sovereign credit outlook. In its assessment of African sovereign exposure, S&P said Morocco […]

Finance Headlines Morocco

AfDB Supports Morocco’s Insurance & Social Welfare Authority Financial Inclusion Plans

The African Development Bank Group has donated $510,000 to Morocco’s Insurance and Social Welfare Supervisory Authority (ACAPS), to support the use of innovative technologies and strengthen financial inclusion in the insurance sector. The funding will enable the independent public authority responsible for regulating and supervising the insurance and social welfare sectors to promote greater inclusion […]

Finance Headlines Morocco

Morocco Navigates Diffuse Food Inflation Risk Amid Global Supply Chain Pressures

Morocco is navigating an increasingly complex food inflation landscape in which a record domestic agricultural harvest provides only partial protection against a mounting set of external and structural pressures. A detailed analysis published on Sunday by Medias24 offers one of the most comprehensive assessments to date of how global geopolitical shocks — particularly the disruption […]

Emerging Markets Headlines Morocco

Morocco’s Court of Auditors Raises Alarm Over Public Procurement Irregularities

Morocco’s Court of Auditors, under the leadership of President Zineb El Adaoui, has significantly intensified its scrutiny of public procurement practices at the territorial level, with ongoing investigations now covering multiple regions including Casablanca-Settat, Rabat-Salé-Kénitra, and Marrakech-Safi. The investigations were triggered following the transmission of control data from inspection missions conducted by the Court’s magistrates […]

Africa Business Headlines

Sudan: Only 10% of Sudan’s Factories Reopen Three Years into War as Industry Faces Mounting Constraints

Just 10 per cent of factories in Sudan have resumed operations three years after the outbreak of war, according to Atif Abdel Qader of the Sudanese Industrial Chambers Union. He warned on Sunday, April 26, that banking bottlenecks, customs barriers and shortages of raw materials continue to hinder recovery. Abdel Qader said his Sudanese-Malaysian Steel […]

Business Headlines Morocco Technology

AI Could Displace Over 1.3 Million Moroccan Jobs by 2030, New Report Warns

Artificial intelligence and automation technologies could put more than 1.3 million Moroccan jobs at net risk of displacement by 2030, according to a report published recently by the African Center for Strategic Studies and Digitalization. The analysis offers one of the most detailed assessments to date of AI’s labor market impact in Morocco and frames […]

Americas Business Energy Headlines Morocco

United States Courts Morocco on Natural Gas as Nador West Med Emerges as Strategic Pivot

The United States is actively courting Morocco as a priority partner in natural gas infrastructure development, with a high-level Moroccan institutional delegation’s strategic study visit to Houston, Texas — the heart of the American energy industry, reported Aujourd’hui Le Maroc. The mission, organized under the U.S. Trade and Development Agency’s (USTDA) reverse commercial mission program, […]

Culture Emerging Markets Headlines Morocco

Bloomberg Portrays Rabat as a Benchmark Cultural & Urban destination, a Giant Leap for Morocco

Bloomberg has shed light on Rabat’s burgeoning ascent, pointing to the opening of the Mohammed VI Tower. The landmark is a centerpiece of the ‘Rabat, City of Light, Morocco’s Capital of Culture’ program, launched under the impetus of King Mohammed VI. Under the revealing title “One giant leap for Morocco,” the leading American media outlet, […]