First Independent Mena Newspaper
Morocco’s tourism sector is poised to approach 20 million visitors by year-end 2025 while surpassing 120 billion dirhams in revenue—a target originally set for 2026—according to Tourism Minister Fatim-Zahra Ammor. Speaking with local media, Ammor attributed the accelerated growth to multiple factors, including international tourism’s post-pandemic recovery and Morocco’s elevated profile following the 2022 World […]
The World Bank Group supports Morocco in its vision for a new generation of territorial development programs, launched under the guidance of King Mohammed VI, said the International Finance Corporation (IFC) Regional Director for North Africa, Cheick-Oumar Sylla. “Morocco’s vision for a new generation of territorial development programs offers a key opportunity to deepen the […]
Morocco’s modernisation is an inspirational success. The country has built world-class ports, attracted tens of billions in investment, and positioned itself as a bridge between Africa and Europe—and between East and West, says Modern Diplomacy magazine in its latest edition. Since 2020, the country has drawn about $40 billion in greenfield manufacturing investment, becoming the […]
A delegation representing several Spanish aerospace companies from Seville and Cadiz visited lately Casablanca to explore the investment opportunities offered in the Kingdom’s aeronautic sector, generating annual revenue exceeding $ 2.8 billion. The Spanish trade mission was organized by Andalucía TRADE, Andalucía Aerospace and Moroccan grouping of aeronautical & space industries (GIMAS) to strengthen business […]
Morocco’s industrial sector marked a historic breakthrough in 2024, generating 898 billion dirhams in revenue and achieving a record 30% increase in investment, industry and trade minister, Ryad Mezzour said. Speaking at the presentation of the Industry barometer, Mezzour said 2024 was “a decisive turning point” in Morocco’s industrial development. He emphasized the sector’s growing […]
The Moroccan government and Renault Group have signed an amendment to their existing investment agreement, marking a significant new chapter in the strategic partnership between the Kingdom and the French automotive manufacturer. Under the agreement, signed in Rabat, Renault will expand its operations to open its platforms to more hybrid and electric car production. Renault […]
Ecobank Group and Thunes have joined forces in a landmark partnership to enable instant cross-border payments across Sub-Saharan Africa, aiming to connect millions of individuals and businesses to the global financial ecosystem. Announced on 29 October 2025, the collaboration integrates Ecobank’s vast pan-African banking network with Thunes’ advanced fintech infrastructure to enhance liquidity, speed, and […]
Morocco’s phosphate giant OCP Group achieved exceptional financial performance in 2024, recording revenue of 96.99 billion dirhams and net profits surging 46% to 20.9 billion dirhams, marking the company’s second-best year in history while accelerating its green transformation initiatives. The state-owned company, which controls over 70% of global phosphate rock reserves and holds 31% market […]
Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]
Morocco’s fruit and vegetable exporters have condemned what they describe as a “disinformation campaign” in European media questioning the safety of Moroccan tomatoes, saying the allegations lack scientific basis and amount to unfair trade practices. The latest reports form part of a pattern of attempts to discredit Moroccan produce, particularly tomatoes, which have become a […]