Africa Business Headlines Morocco

Gigalab Looks to Export Morocco’s Diagnostic Expertise Across Africa

Moroccan diagnostics company Gigalab is preparing to expand across Africa, betting on manufacturing capabilities it has built at home to meet the needs of health systems across the continent. In a special Forbes Africa edition dedicated to the Kingdom, founder and CEO Karim Zaher laid out a strategy combining local production with continental expansion, positioning […]

Finance Headlines Tunisia

Tunisia’s trade deficit widens to $5.1bn as imports outpace exports

Tunisia’s trade deficit widened to 14.96 billion Tunisian dinars by the end of July 2026, compared with 11.90 billion dinars during the same period in 2025, according to the National Institute of Statistics. The increase was largely driven by the energy trade deficit, which rose to 7.95 billion dinars from 6.04 billion dinars a year […]

Finance Headlines Morocco

Morocco Tightens Anti-Money Laundering Rules for Offshore Holding Companies

Morocco’s Exchange Office has published a Circular, introducing new vigilance and internal monitoring obligations for offshore holding companies operating within the kingdom’s offshore financial center framework. Economy and Finance Minister Nadia Fettah signed the circular on July 23, and it took effect immediately, applying under the law on combating money laundering and the law governing […]

Asia Business Europe Headlines Morocco

Morocco/Rail: Companies from Italy, Germany, India & China Vying for Contract to Supply Tracks for Kenitra–Marrakech TGV

JSW Steel Italy Piombino (Italy), Saarstahl Rails SAS (Germany), Jindal Steel (India), and China Railway Material Group are competing for a contract to supply tracks for the Kenitra–Marrakech high-speed rail line and conventional line upgrades, according to local press reports. Last year, Morocco’s King Mohammed VI launched a $10 billion rail expansion plan, including the […]

Africa Finance Headlines

Sudan advances financial reforms, plans to revive key state sectors

Sudan is accelerating public financial reforms and efforts to revive key productive sectors as the country seeks to rebuild State institutions and stabilize its economy amid the ongoing war. Minister of State for Finance Mohamed Nour Abdeldaim said on August 09, after briefing Prime Minister Kamel Idris in Khartoum, that the Government was implementing measures […]

Emerging Markets Headlines Morocco Technology

Morocco’s Customs Authority Charts a Gradual Path Toward AI Adoption

Morocco’s customs administration, the ADII, is preparing an artificial intelligence strategy and roadmap for a progressive, coherent and secure rollout of the technology, judging a gradual transformation more suitable than a rapid, risk-laden deployment, according to Medias24. The strategy builds on the ADII’s 2024-2028 strategic plan, which already identifies AI as a lever for modernizing […]

Business Emerging Markets Headlines International Morocco

Low-cost airlines reshape Morocco’s tourism industry as visitor numbers surge

The rapid expansion of low-cost airlines is reshaping Morocco’s tourism industry, opening new international markets and spreading visitor flows beyond the country’s traditional destinations, according to a report by Finances News. Over the past decade, carriers including Ryanair, Transavia, easyJet, Volotea and Wizz Air, alongside Morocco-based Air Arabia Maroc, have dramatically expanded connections to the […]

Business Headlines Morocco Technology

Morocco’s AI and Data Center Ambitions Take Shape Amid Growing Digital Investment

Morocco is accelerating investment in digital infrastructure as it seeks a stronger position in Africa’s data center and AI market, drawing on gains in fiber connectivity, new computing capacity projects and expanding renewable energy, according to Le Nouvelliste. The country’s telecommunications market provides one foundation for this push: as of March 2025, Morocco counted nearly […]

Africa Business Headlines

Sudan: Official gold exports in six months match 2025 total

Sudan’s official gold exports in the first six months of 2026 have matched the total volume officially exported throughout 2025, Minister of Minerals Nour al-Dayem Taha said on Sunday. Taha attributed the increase to tighter government controls and measures aimed at directing more gold production through formal banking channels. His comments followed a meeting with […]

Americas Business Europe Headlines Morocco

US Gentex to build automotive technology plant in Morocco by 2028

US automotive technology supplier Gentex Corp plans to open a manufacturing facility in Morocco by 2028, strengthening the North African country’s position as a hub for the automotive industry and bringing the company closer to its European customers. The maker of auto-dimming rear-view mirrors and vehicle electronics has signed a memorandum of understanding with Moroccan […]