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Morocco welcomed nearly 17,000 Brazilian tourists during 1st four months of 2025

Nearly 17,000 Brazilian tourists visited Morocco during the first four months of this year, said Moroccan National Tourism Office (ONMT), noting that this number represents a 48 % increase compared to same period of last year. In April, Brazilian tourist arrival spiked by 41% to reach 4,870 tourists against 3,465 in April 2024. Yet, inbound […]

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Morocco, World 3rd largest tomato exporter

Morocco has emerged as the world’s third-largest exporter of fresh tomatoes, driven by robust demand from European markets and a strategic shift toward high-value varieties, Morocco’s agri food export agency Foodex said. The North African country now holds an 11% share of the global fresh tomato export market, trailing only Mexico and the Netherlands, according […]

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Morocco emerges as world’s most cost-efficient car-making powerhouse

Morocco has claimed the top spot as the most cost-effective country for automobile manufacturing, with its labor costs per vehicle, in addition to its modern production facilities, streamlined designs, and reliable supply chains, according to a recent global report by consulting firm Oliver Wyman. The study, which examined over 250 vehicle assembly plants worldwide, found […]

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Morocco’s ONEE secures €300 million for grid modernization

Morocco’s National Office of Electricity and Potable Water (ONEE) has secured €300 million in financing from European institutions to modernize the country’s electrical infrastructure, marking a significant step in the kingdom’s renewable energy transition. The funding package combines €170 million from the European Investment Bank (EIB), €130 million from Germany’s KfW development bank, and support […]

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Morocco, the new Eldorado for automakers

Morocco has established itself as a major automotive manufacturing hub, with French newspaper “Le Dauphiné libéré” describing the North African country as “the new Eldorado” for automakers. The automotive sector has become a pillar of Morocco’s economy and its leading export industry. Renault leads French investment in Morocco, operating the world’s largest Renault factory in […]

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Morocco, Slovakia discuss ways of strengthening cooperation in the defense industry

Morocco and Slovakia have discussed at a meeting in Rabat Thursday ways of strengthening their cooperation in the defense industry. The meeting gathered Morocco’s Minister in charge of the National Defense Administration, Abdeltif Loudyi, and Slovak Deputy Prime Minister and Minister of Defense, Robert Kaliňák, who was accompanied by a high-level military delegation and senior […]

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Morocco-MINURSO exceptional cooperation reviewed in Rabat

Cooperation between Morocco and the UN mission in the Sahara, MINURSO, was reviewed at a meeting held Thursday between Lieutenant General Mohammed Berrid, FAR Inspector General and Commander of the Southern Zone, and Major General Fakhrul Ahsan, Force Commander of the UN Mission in the Kingdom’s Southern Provinces. The meeting, held at the South Zone […]

Finance Headlines Morocco

Morocco earmarks $670 million to restore livestock herd

Morocco will allocate 3 billion dirhams this year and 3.2 billion next year, or a total of 670 million dollars to restore its national herd, including through financial support to farmers, agriculture minister Ahmed El Bouari said. Under this program, the government will earmark 700 million dirhams to restructure and cancel debt owed to 50,000 […]

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Royal Atlantic Initiative reflects Morocco’s continental integration vision

A strategic conference held in Rabat Thursday focused on the maritime strategic challenges of Atlantic Africa. The event comes months after King Mohammed VI launched the Atlantic Initiative in November 2023, outlining an ambitious geopolitical project at the intersection of sovereignty, development, and regional integration. The conference, organized by the Policy Center for the New […]

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Morocco halves multidimensional poverty rate over decade, rural gaps persist – HCP

Morocco’s multidimensional poverty rate has nearly halved over the past decade, driven by significant improvements in rural areas, according to a new report by the national statistics agency, the Haut-Commissariat au Plan (HCP) said. The share of the population living in multidimensional poverty fell from 11.9% in 2014 to 6.8% in 2024, with the number […]