Business Emerging Markets Headlines Morocco

Morocco’s digital services exports hit 13.4blm MAD in 2025 first half

Morocco’s exports of digital services and outsourcing continued their upward trajectory, reaching 13.4 billion dirhams by the end of June 2025, according to preliminary data from the Office des Changes. The figure marks a 3.5% increase compared to the same period last year, underscoring the growing appeal of “Made in Morocco” digital solutions. Despite global […]

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Morocco showcases digital transformation strategy to US tech leaders

Morocco’s digital transformation ambitions took center stage this week at George Washington University, where Ambassador Youssef Amrani outlined the kingdom’s comprehensive strategy to leverage technology for socioeconomic development and youth integration before American policymakers, academics, and technology sector leaders. Speaking at a high-level gathering organized by the Center for Cyberdiplomacy and Leadership, Amrani emphasized that […]

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France bears €2 bln burden from 1968 Franco-Algerian accord

A confidential parliamentary report has exposed what lawmakers describe as a “costly imbalance” in Franco-Algerian relations, estimating that France spends €2 billion annually due to the 1968 migration accord, while Algeria continues to obstruct deportations and shirk financial obligations. The agreement, signed six years after Algeria’s independence, was intended to facilitate labor migration during France’s […]

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New direct Casablanca-Saint Petersburg flights to be launched soon

Russian Foreign Minister Sergey Lavrov has announced his country’s intention to strengthen air connections between Casablanca and Saint Petersburg, with the goal of “boosting the tourism sector.” The announcement was made during a meeting held on Thursday, October 16, in Moscow with his Moroccan peer Nasser Bourita. The meeting provided an opportunity to discuss ways […]

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Morocco rules out drawing on IMF credit line, eyes gradual currency reform

Morocco has no plans to tap funds available under its Flexible Credit Line (FCL) arrangement with the International Monetary Fund, Finance and Economy Minister Nadia Fettah Alaoui said. The IMF approved a new two-year FCL agreement for Morocco on April 2, 2025, worth 3.45 billion Special Drawing Rights (SDRs), or about $4.5 billion, replacing a […]

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Morocco, Russia conclude new four-year fisheries agreement

Morocco and Russia signed on Friday in Moscow a new cooperation agreement on fisheries, which stands in for the previous agreement, expired on December, 31, 2024. The agreement was signed by Moroccan Foreign Minister Nasser Bourita and Russia’s Head of the Federal Agency for Fishery Ilya Shestakov on the sidelines of the 8th session of […]

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EasyJet expands presence in Morocco to meet growing demand

Low-cost airline EasyJet has announced plans to establish in Marrakesh its first-ever base in Africa. With three aircraft based in the “Red City”, the company will offer its clients a permanent, year-round operation, serving 24 European destinations starting spring 2026. In the first year, easyJet will offer a record 4 million seats to and from […]

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Development dynamics in Morocco’s southern provinces highlighted in Spain

The dynamics of integrated and sustainable development in Morocco’s southern provinces were highlighted during a session part of the Global Youth Leadership Forum (GYLF) held in Santander, northern Spain October 12-17. The session, under the theme “Morocco, Gateway to Africa: Dakhla and the Southern Provinces of the Kingdom as an Example,” showcased the economic, social, […]

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Morocco turned pharmaceutical sector into strategic lever for health sovereignty

Morocco has turned its pharmaceutical sector into a strategic lever for health sovereignty and economic growth, said on Thursday in Istanbul, the Secretary of State in charge of Foreign Trade, Omar Hejira. Speaking during a panel held part of the 5th Türkiye-Africa Business and Economic Forum, Hejira emphasized that the Kingdom has undertaken an ambitious […]

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West Africa’s BRVM soars to record heights as African markets catch fire

The Bourse Régionale des Valeurs Mobilières (BRVM), West Africa’s regional stock exchange, has reached an unprecedented market capitalization of about $21.2 billion, marking a milestone for the eight-member West African Economic and Monetary Union (WAEMU). Announced on Wednesday (15 Oct), the BRVM’s market cap has soared 29.13% since the end of 2024, with a remarkable […]