Emerging Markets Headlines Morocco

Casablanca launches professional sports infrastructure management company ahead of major tournaments

Authorities in the Casablanca-Settat region have officially ended direct involvement of elected officials and certain associations in managing sports infrastructure belonging to territorial collectivities. This major change materializes through creation of CasaRégionSport, the Casablanca Sports Facilities Company, with validation expected during an extraordinary municipal council session on December 2. Regional governor Mohamed Mhidia thus closes […]

Business Features Finance Headlines Morocco

Morocco Encourages Youth Training for Casablanca’s Investment Hub Future

Investment Minister Karim Zidane called for enhanced youth training programs aligned with future industries as Casablanca positions itself to become an international investment hub attracting major global corporations. Speaking at the “Niqach Al Ahrar” (RNI Dialogue) forum, Zidane highlighted Casablanca’s exceptional economic potential and stressed the necessity of orienting youth education toward future industries and […]

Business Emerging Markets Features Headlines Morocco

Morocco Launches “Made in Morocco” Label to Boost Industrial Sovereignty

Morocco unveiled its “Made in Morocco” label during the third National Industry Day held November 3-4 in Rabat, marking a strategic push to enhance manufacturing competitiveness and territorial development under royal patronage. Prime Minister Aziz Akhannouch highlighted infrastructure investments supporting industrial growth, including Tanger Med Port, over 1,800 kilometers of highways, 157 industrial zones, and […]

Features Headlines Lifestyle Morocco Technology

Morocco grants 5G licenses to telecom operators

The Moroccan Government Council has officially approved three decrees granting licenses for the deployment and operation of fifth-generation (5G) mobile networks to the country’s leading telecom operators. The decision marks a pivotal step in Morocco’s digital transformation strategy and sets the stage for the commercial launch of 5G services beginning in November 2025. These licenses […]

Business Emerging Markets Features Headlines Morocco

Modern Diplomacy Magazine sheds light on Morocco’s impressive transformation & economic rise

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 […]

Blogs Community Features Headlines

Preparations for Opening of U.S. Consulate in Dakhla in full swing

A delegation of diplomats from U.S. embassy in Rabat arrived in Dakhla to prepare the opening of an American consulate, confirming the recognition of the United States of Morocco’s full sovereignty over its entire Saharan territory. The American delegation, which also includes diplomats from U.S. Consulate in Casablanca, held a series of meetings with Ali […]

Business Emerging Markets Energy Features Headlines

OCP Group Posts Record 97 Billion Dirham Revenue in 2024

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 […]

Emerging Markets Features Finance Headlines

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 […]

Features Headlines Lifestyle Technology

Pharmaprom Invests 75 Million Dirhams in Casablanca Facility Expansion

Pharmaceutical manufacturer Pharmaprom is set to invest 75 million dirhams in expanding its production facility in Lissasfa near Casablanca, signaling growing confidence in Morocco’s pharmaceutical sector. The expansion, led by CEO Naoual Benyezzar, aims to significantly increase the company’s industrial and logistics capabilities as it targets 150 million dirhams in revenue within three years. The […]

Africa Features Headlines International Morocco

Morocco and Nigeria Set for WAFCON 2025 Final Clash After Dramatic Semifinal Victories

Morocco secured on Tuesday, July 22, a historic place in the 2025 Women’s Africa Cup of Nations (WAFCON) final after a tense 1-1 draw against Ghana ended in a 4-2 penalty shootout triumph. The breakthrough came when Stella Nyamekye scored for Ghana in the 26th minute, capitalising on a rebound from Josephine Bonsu’s header. Morocco […]