First Independent Mena Newspaper
Africa’s digital economy could be worth $721 billion by 2050, the secretary general of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, told participants in Gitex Africa in Marrakech. The projection, cited from estimates by the International Finance Corporation (IFC), reflects accelerating growth in fintech, mobile internet usage and startup ecosystems across Africa, Mene […]
US Ambassador to Morocco Duke Buchan III said the Moroccan southern provinces, the Sahara, offer tremendous economic potential, positioning the region as a strategic hub linking Africa, Europe and the Americas and a focal point for growing US investment interest. Speaking at Gitex Africa in Marrakech, Buchan reaffirmed US support for Morocco’s autonomy plan for […]
Morocco has adopted its first-ever comprehensive public finance management strategy, setting out a structured reform roadmap to 2032. Drawn up with the support of major international partners and grounded in the findings of a PEFA assessment — the internationally recognized benchmark for evaluating public financial management systems — the framework aims to modernize fiscal governance […]
Casablanca’s public transport authority, Casa Transport, has issued an international tender to update the city’s Urban Mobility Plan as part of an eight‑month strategic study designed to map out an integrated transport vision through 2030. The move comes as Morocco’s economic capital prepares for the 2030 FIFA World Cup, which it will co‑host with Spain […]
Chinese-European Company Gotion, Green Power Morocco (GPM) and Chery Heavy Trucks have signed an agreement to launch a heavy-duty electric logistics corridor between Morocco and France, advancing lower-emission cross-continental freight. The 2,000-km route connects Agadir (southern Morocco) through the Port of Tangier to Perpignan (southern France), currently served by some 2,000 heavy trucks daily. The […]
Morocco’s preparations for hosting the 2030 FIFA World Cup are expected to involve a significant multi‑year infrastructure investment program amounting to about 12% of GDP between 2024 and 2030, according to the International Monetary Fund’s latest Article IV consultation report. The IMF estimates total spending at around 190 billion Moroccan dirhams ($20 billion), covering mostly projects in railways, […]
Morocco accounted for nearly three‑quarters of Spain’s cucumber imports in 2025, as the country sharply increased purchases of the vegetable, according to data published by agricultural market specialist Hortoinfo. Spain imported 25,440 tons of cucumbers last year, valued at 30.9 million euros, representing increases of more than 248% in volume and over 340% in value […]
The Moroccan Ministry of Industry and Trade has launched a comprehensive economic intelligence framework designed to give policymakers a sustained informational edge in a rapidly shifting global environment. The initiative establishes a structured, permanent monitoring system capable of capturing and analyzing data from a broad range of domestic and international sources, with the aim of […]
The government of Egypt has reiterated firm support for Morocco’s territorial integrity and UN Security Council resolution 2797 endorsing Autonomy plan in the Sahara under the Kingdom’s sovereignty as the most feasible solution to the decades-long conflict. The supportive stand comes in a joint statement issued Monday in Cairo after the 1st meeting of Morocco-Egypt […]
Bank Al-Maghrib and the Moroccan Capital Market Authority (AMMC) announced on Monday the start of futures trading in financial instruments with first listing of a standard futures contract on the MASI 20 equity index. A futures market is a regulated financial marketplace where participants buy and sell standardized contracts to deliver commodities or securities at […]