Headlines Morocco

Rains boost Morocco’s dam reserves after years of drought

Weeks of rainfall have slightly eased Morocco’s water crisis, adding more than 105 million cubic meters to dam reserves since mid-November, but overall storage remains at 31.5% only after years of drought. Official figures show national reservoir levels rose from 5.176 billion cubic meters on November 10 to 5.281 billion cubic meters by December 15, […]

Europe Finance Headlines Morocco

Germany Supports Morocco’s Development with €450 Mln Funding

Morocco has secured €450 million funding from German Development Bank (KfW) under three agreements inked Tuesday in Rabat by Minister Delegate in charge of the Budget Fouzi Lekjaa and Director of the German Bank for North Africa Daniela Beckmann. KfW is providing Morocco €100 million to enhance the Kingdom’s resilience to climate change and supporting […]

Business Headlines Morocco

IHG to Open Luxury Hotel in Morocco in 2026

As Morocco’s tourism and travel industry are booming, IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced plans to launch a luxury hotel in Morocco in Q4 2026. IHG said it signed a franchise agreement with Sirayane Hospitality, a local hospitality investor and operator, to develop Kimpton Marrakech, a 67-key luxury […]

Headlines Morocco

Morocco steps up emergency response as cold wave grips 28 provinces

Morocco has launched a large-scale emergency operation to assist thousands of families affected by severe winter conditions, following the high instructions of King Mohammed VI, the Mohammed V Foundation for Solidarity said Tuesday. The “Grand Froid” operation aims to deliver urgent humanitarian aid to vulnerable communities hit by freezing temperatures, heavy rain and snow across […]

Headlines Morocco Technology

Morocco’s INWI lands MEDUSA submarine cable in Nador

Moroccan telecom operator INWI said on Dec 16 it has landed the MEDUSA submarine cable in Nador, a move aimed at strengthening the country’s international connectivity and its position as a regional digital hub. The cable, developed by AFR-IX telecom, spans more than 8,700 km and is set to become the Mediterranean’s largest connectivity system, […]

Finance Headlines Morocco

Morocco’s Central Bank Holds Interest Rate at 2.25%, Sees Growth at 5% in 2025

Morocco’s central bank kept its benchmark interest rate unchanged at 2.25% on Tuesday, citing contained inflation and steady economic recovery, while projecting growth to reach 5% in 2025 before easing to an average of 4.5% in 2026 and 2027. Bank Al-Maghrib’s board, meeting for its fourth quarterly session of the year, said agricultural output is […]

Headlines Mauritania Morocco

Morocco & Mauritania to Step up Military Training Cooperation

A delegation from the Royal Military Academy of Meknes paid lately a visit to Mauritania’s Joint Arms Military Academy to explore cooperation prospects in military training. The Moroccan delegation, led by Commander Mamdouh Al-Mehdi, was composed of third-year officer cadets. They were received by Col. Mohamed El Amine Abdel Moulah, Commander of the Mauritanian Military […]

Europe Finance Headlines Morocco

EBRD Morocco Contracts Reach Historic $1 Billion Milestone in 2025

The European Bank for Reconstruction and Development (EBRD) celebrated record contract signings with Morocco totaling approximately $1 billion in 2025, marking unprecedented collaboration between the development institution and the North African kingdom. The bank’s First Vice President Greg Guyett, who is on a visit to the Kingdom this week, attributed this positive momentum to close […]

Emerging Markets Finance Headlines Morocco

Morocco Shifts Public Investment Strategy Toward Performance, Regional Equity

Morocco’s government has prioritized public investment performance and its tangible impact on economic growth, job creation, and territorial equity, according to Budget Minister Fouzi Lekjaa. This orientation aligns with royal directives calling for transition from quantitative to qualitative approaches in public investment management. Speaking at the parliament question time, Lekjaa emphasized that sectoral studies demonstrate […]

Emerging Markets Headlines Morocco

UNESCO: Morocco stands out on school accountability, but early learning gaps persist

Morocco is one of only two countries in the African sample, alongside Zimbabwe, where local education authorities work with clear, measurable learning goals and formal performance contracts with schools, according to a UNESCO education report. The report, relayed by Hespress news outlet, looks at how African countries are progressing on basic education completion and foundational […]