First Independent Mena Newspaper
Royal Air Maroc Cargo has announced it is upgrading and expanding its cold storage facilities at Casablanca Mohammed V International Airport to meet increasing demands of fresh produce & flowers growers and pharmaceutical industry. Once complete, the cold storage warehouse will have 5 cooling chambers, including 3 for import and 2 for export totalling 590 […]
Morocco is pressing ahead with a broad airport modernization program, including terminal expansions, digitalization and new transport links, as it prepares for rising air traffic driven by an increase in tourists ahead of the 2030 World Cup it will co-host. A new railway station will also be built to connect Casablanca’s main airport terminal directly […]
Casablanca ranked as Africa’s leading financial center in the latest Global Financial Center Index (GFCI 39), underscoring its growing prominence on the continent. The index, published in March 2026 by consultancy Z/Yen Group in partnership with the China Development Institute, ranked Casablanca 49th out of 120 financial centers worldwide. It placed ahead of other African […]
Standard and Poor’s agency has affirmed Morocco’s long- and short-term sovereign credit ratings at ‘BBB-/A-3’ with stable outlook despite uncertainties over the Middle East war and its impact on commodity prices, supply chains, economies, and credit conditions. Morocco has solid buffers that will help it navigate current headwinds, including potential adverse economic impacts and related […]
Morocco’s economy expanded at a rate of 4.1% in the fourth quarter of 2025, a marginal deceleration from the 4.2% recorded during the same period in 2024, according to the latest national accounts data published by the High Commission for Planning (HCP). The slowdown was primarily driven by a softening in non-agricultural activities, even as […]
Morocco has entered a new chapter in the management of its collective lands with the adoption of a Decree, published in Official gazette. The regulation introduces a comprehensive set of governance mechanisms designed to bring greater transparency, traceability, and accountability to the administration of lands held by Soulaliyate communities. Historically, these collective lands — estimated […]
Moroccan electric mobility startup GoSwap has secured $2.1 million seed funding, from Azur Innovation Fund, to expand its battery-swapping network for electric scooters across major Moroccan cities, according to local press. The company offers users of electric scooters the possibility of exchanging depleted batteries for charged ones for $2.6 to $3 per 100 kilometres. GoSwap […]
Standard & Poor’s has downgraded again the credit rating of Senegal from B- to CCC+, deepening the country’s position in junk territory amid the $ 7 billion hidden debt scandal and the $ 747 million borrowed secretly by Dakar through Total Return Swaps (TRS) to keep up appearance and hide its alarming financial situation. The […]
The 10th edition of the SMAP IMMO real estate fair, held from March 27 to 29 in Brussels, offered more than a platform for property investment — it provided Moroccan artisans with a historic opportunity to showcase their heritage on the European stage. For the first time in the fair’s history, a dedicated Artisan Village […]
Moroccan private healthcare group Akdital said its first international expansion projects in the Gulf and North Africa marked a new strategic phase, as it reported strong growth in 2025 driven by network expansion and rising patient volumes. Akdital consolidated revenue rose 49% to 4.41 billion dirhams, while EBITDA increased 45% to 1.21 billion dirhams. Net […]