Business Europe Headlines Morocco

UK-Morocco trade hits £5.3 billion as British exports surge 30%

Bilateral trade between the UK and Morocco reached £5.3 billion in the 12 months through March 2026, rising 16.7% or £756 million from a year earlier, according to data from the UK Department for Business and Trade. British exports to Morocco posted the strongest growth, climbing 29.8% to £2.6 billion. Imports from Morocco increased at […]

Finance Headlines Morocco

Morocco targets 4.1% growth, 3% budget deficit in 2027 fiscal plan

Morocco’s government is targeting economic growth of 4.1% and a budget deficit of 3% of gross domestic product in 2027 as it seeks to balance major infrastructure and social spending programs with fiscal discipline ahead of legislative elections, according to budget guidelines issued by Prime Minister Aziz Akhannouch. The assumptions are outlined in a circular, […]

Business Headlines International Morocco

Morocco Climbs up in 2026 Global Trade Freedom Index

Morocco scored 70 points in the 2026 Trade Freedom Index, up from 67 a year earlier, placing the kingdom 93rd out of 175 economies worldwide and exactly at the global average, according to the index published by The Global Economy using data from the Heritage Foundation. Singapore topped the ranking with 95 points. The index […]

Finance Headlines Libya

Libya’s Parliament speaker receives state accounts report, pledges stronger oversight

Libya’s House of Representatives Speaker Aguila Saleh received the country’s final state accounts from the Head of the Administrative Control Authority, Abdullah Qaderbouh. The meeting, held in Al-Qubbah on Wednesday, August 5, focused on strengthening oversight mechanisms, improving institutional performance and enhancing transparency in the management of public resources. According to the Speaker’s Media Centre, […]

Business Headlines Morocco Technology

Morocco’s Next Generation of Startups Could Emerge Far From Its Big Cities, Banker Says

For decades, launching an innovative business in Morocco meant being in Casablanca, Rabat or Marrakech, where investors and major clients were concentrated. That model is starting to shift, according to Ali Kettani, an investment banker specializing in startup and SME financing across Morocco and Africa, who argues artificial intelligence and digital tools are opening new […]

Business Headlines Morocco

Managem Revives Medieval-Era Copper Mine as Prices Surge

Moroccan Managem mining group is preparing to bring a new copper deposit into production by 2029, at Bouskour in Jbel Saghro massif east of Ouarzazate, a site first worked in medieval times and now being revived as global copper demand and prices climb, according to Medias24. The move follows Managem’s 2025 launch of Tizert, currently […]

Emerging Markets Headlines Morocco

Morocco to Audit Direct Housing Aid Program Ahead of 2028 Deadline

Two years after its launch, Morocco’s direct housing subsidy program, known as Daam Sakane, is entering a phase of in-depth evaluation, the Housing Ministry has announced, as officials look to assess the program’s real effects on households, the property market and the wider economy ahead of its scheduled expiry in 2028. Launched in January 2024, […]

Energy Finance Headlines Morocco

Private Investors Flock to Morocco’s Water and Electricity Sector as ONEE Unveils New Plan

Morocco’s national water and electricity utility, ONEE, has approved a 2026-2030 equipment plan worth 177 billion dirhams for electricity and 42.1 billion dirhams for drinking water, with 72 percent of the total to be financed directly by the private sector, the utility’s board decided at a session in Rabat. The electricity component centers on accelerating […]

Business Energy Europe Headlines Morocco

Morocco to Build Major Waste-to-Energy Facility, One of Largest in Africa

Morocco looks forward to producing power from solid waste and turning a landfill into source of energy to speed up its transition to clean economy. To achieve this goal, Moroccan authorities have signed a concession agreement with Swiss-Japanese firm Kanadevia Inova and its partners for the development of the Casablanca Solid Waste Treatment and Valorization […]

Finance Headlines Morocco

Morocco Posts Record Currency Inflows on Tourism, Diaspora and Foreign Investment

Morocco’s external accounts showed strong momentum in the first half of 2026, driven by a recovering tourism sector, steady support from its diaspora and an unprecedented surge of foreign investor interest, according to Foreign Exchange Office data relayed by several media, which described the results as a particularly welcome signal of resilience against a backdrop […]