Business Headlines Morocco

Morocco’s T2S Group to launch IPO to fund expansion plans

MedTech T2S Group Holding, the leading medical technology group in Morocco and across more than twenty African countries, has received authorization from the Moroccan Capital Market Authority (AMMC) for its planned initial public offering (IPO) on the Casablanca Stock Exchange, seeking to raise nearly 1.09 billion dirhams to support its next phase of growth. The […]

Business Community Headlines International Morocco

Morocco’s Charikaty Makes Company Formation Fully Remote for Diaspora

Charikaty, a Moroccan legaltech platform specializing in digitalizing company formation and legal services, has launched a dedicated remote offering aimed at Moroccans living abroad, allowing members of the diaspora to create and manage a company in Morocco entirely online and without ever setting foot in the country. The move addresses a longstanding obstacle for diaspora […]

Business Headlines International Morocco

Morocco: Tourism boom lifts jobs, revenues and visitor numbers, OECD says

Morocco welcomed a record 19.8 million international tourists in 2025, overtaking Egypt and consolidating its position as one of Africa’s leading tourism destinations, according to the OECD’s Tourism Trends and Policies 2026 report. The figure represents a 14% increase from 2024 and exceeds Morocco’s official target of 17.5 million visitors set under its 2023-2026 tourism […]

Finance Headlines Mauritania

AfDB boosts Mauritania support portfolio from $147m to $659m

The African Development Bank (AfDB) has significantly increased its financial commitments to Mauritania, with its investment portfolio rising from $147 million to $659 million over the past three years. The $512 million expansion reflects a more than fourfold increase in support and underscores a deepening partnership between the AfDB and Mauritania. The funding is directed […]

Business Headlines International Morocco

OCP’s Strategic Shift: From Fertilizer Producer to Partner in Global Agricultural Transformation

The United States’ recent decision to reopen its market to Moroccan phosphate fertilisers is welcome commercial news for OCP Group — but, as editorialist of Aujourd’hui le Maroc argues, its significance extends well beyond the immediate commercial impact. For the author, the development primarily validates a decade-long strategic transformation at one of Morocco’s most important […]

Finance Headlines Tunisia

Hard-currency shortage threatens Tunisia’s summer festivals

Tunisia’s summer festival season is under threat after organizers said they could no longer obtain the foreign currency needed to pay international performers, raising the prospect of last-minute cancellations and contractual disputes. Lawyer Ahmed Ben Hassana told Tunisian outlet Webdo.tn that the commission overseeing foreign artists and the Ministry of Cultural Affairs were taken by […]

Finance Headlines Morocco

Morocco’s 2027 Budget Will Carry the World’s Newest Green Label as Climate Tracking Goes Official

Morocco is embarking on a structural reform of its public budgeting process, introducing a formal system for identifying and tracking the environmental impact of government expenditure. The initiative, known as Climate Budget Labelling (Etiquetage climatique du budget, ECB), was formally launched by Prime Minister’s Circular No. 6/2026 of 23 April 2026 and will be applied […]

Energy Finance Headlines Morocco

Morocco Gets $265 Mln WB Funding for Clean Energy Project Designed to Produce Reliable & Affordable Electricity

The World Bank has approved $265 million to support construction of a ‌new pumped hydropower storage plant in northern Morocco. This clean energy project, one of the landmark infrastructures in Africa, will provide affordable electricity, improve the resilience of the national grid and create jobs. The Ifahsa Pumped Hydropower Storage Project is designed to strengthen […]

Finance Headlines International Morocco

BCG Report Puts Artificial Intelligence at the Heart of Moroccan Banking’s Next Growth Phase

Morocco’s banking sector enters an AI-defined growth phase from a position of strength, according to the third edition of Boston Consulting Group’s Future of Finance 2026 report, which analyses the performance of nearly 1,500 financial institutions, including major African markets. In 2025, Moroccan banks recorded approximately 8 percent growth in their consolidated balance sheets, while […]

Finance Headlines Morocco

Remittances help cushion Morocco’s trade deficit

Morocco’s trade deficit widened 20.8% year-on-year to 160 billion dirhams ($17 billion) in the first five months of 2026 as rising imports outpaced export growth, but robust remittances from Moroccans living abroad and higher tourism receipts helped offset pressure on the country’s external accounts. Imports rose 11.8%, compared with export growth of 5.8% to 211 […]