First Independent Mena Newspaper
Morocco’s budget deficit stood at 50.5 billion dirhams at the end of July 2026, down from 54.7 billion dirhams a year earlier, as revenue growth of 28.2 billion dirhams outpaced a 23.9 billion dirham rise in spending. The figures come from the latest bulletin on the Treasury’s charges and resources situation, produced by the Ministry […]
Morocco’s consumer price index fell 0.6 percent in July 2026 compared with a year earlier, according to the latest data from the High Commission for Planning (HCP). The decline was driven mainly by a 3.7 percent drop in food prices, which more than offset a 1.9 percent rise in non-food prices, where changes ranged from […]
Mauritania recorded a significant shift towards digital communication in 2024, with internet subscriptions rising by 20.8 per cent to more than 3.65 million, according to data from the Regulatory Authority contained in the 2025 Annual Guide to Economic Statistics. The figures, published by Africa IT News on Tuesday, August 18, 2026, show that the growth […]
Royal Air Maroc has partnered with Elon Mask’s satellite internet subsidiary to equip its planes with high-speed, low-latency Wi-Fi (up to 500 Mbps) from gate-to-gate using low-Earth-orbit satellites, according to press reports. Over 48 major global airlines—including Qatar Airways, Emirates, Lufthansa, and Royal Air Maroc—have partnered with Starlink to install and deliver high-speed connectivity enabling seamless video calls, gaming, […]
Shipping Maersk company is advancing its logistics network in Morocco with a rail service connecting Tangier and Casablanca, offering an alternative route for cargo moving into the country’s main commercial and industrial hub. The rail service is already operational, with regular departures between the two locations, offering businesses flexibility and an option to avoid port congestion. […]
The OCP Group has resumed its fertilizer exports to the United States after U.S. President Donald Trump issued an emergency proclamation lifting temporarily countervailing duties (CVD) on phosphate fertilizers imported from Morocco for eight months. The first shipment of Moroccan Triple Super Phosphate (TSP), consisting of 54,000 tons, has already arrived at the Port of […]
Danish investor A.P. Moller Capital has agreed to acquire a majority stake in Globex Investissement, a leading Moroccan logistics company, six months after establishing an investment fund dedicated to transport and logistics in Morocco. Under the deal, A.P. Moller Capital’s Emerging Markets Infrastructure Fund II and the APM Capital Morocco Fund will together take the […]
Members of the U.S. Embassy’s Economic and Political Sections in Morocco were impressed by the Dakhla Atlantic Port, a strategic project with promising potential to enhance regional connectivity and expand horizons for trade and investment. The announcement of their trip to the Moroccan Sahara was made by the American embassy in a statement posted on […]
Canadian Company “Steadright Critical Minerals” has announced it secured the approval of the Moroccan authorities for its TitanBeach Titanium project covering an area of roughly 4 km by 4 km (about 16 km²) within a wider 192 km² tenure. A 2025 exploration identified ilmenite, titanomagnetite, magnetite, leucoxene and rutile-bearing sands with Fe2O₃ grades up to […]
Morocco’s foreign exchange reserves reached a record $48.6 billion in 2025, placing the kingdom fifth among African countries, according to a report by the African Export-Import Bank (Afreximbank). The reserves jumped 30.8% in one year, Morocco’s strongest annual increase since 2021, strengthening its buffer against external shocks and improving its capacity to finance imports. Morocco […]