Two new economic zones approved to cut regional inequality in Morocco
Officials in northern Morocco have approved 33 million dirhams ($3.3m) to build two new areas for businesses in Chefchaouen province and the town of...
UK firm Sound Energy PLC raises $2.2m to push into Morocco’s booming solar market
UK-based Sound Energy PLC has raised $2.2m to support its business, including plans to launch a solar energy project in Morocco.
The funding includes a...
Sending money home just got easier: Damane Cash and Remitly team up
Damane Cash is partnering with Remitly to make it simpler for Moroccans living abroad to send money home.
Thanks to the deal, money sent through...
Cash Plus stock market listing pays off with record profits and new branches –...
Cash Plus posted strong results for 2025, driven by branch growth and digital services after its stock market listing in December.
The group’s net banking...
Morocco and South Africa set to dominate Africa’s car market under new trade rules
New rules for car production under the African Continental Free Trade Area (AfCFTA) started in mid-February 2026.
They aim to strengthen local car manufacturing and...
Moroccan biscuit business Biscoland sold to Spanish group Adam Foods
Adam Foods has acquired Biscoland from Holmarcom, the companies said.
The deal marks a change in ownership for the Casablanca-based manufacturer, which was set up...
Moroccan IT Firm Microdata’s Sales Jump to Nearly 1bn Dirhams in 2025
Moroccan IT company Microdata had a strong year in 2025, helped by big technology projects and the country’s move towards more digital services.
At a...
SGTM’s Big Year: Record Double Profits Amid Morocco’s Mega Construction Projects
Moroccan construction firm Société Générale des Travaux du Maroc (SGTM) has posted record profits for 2025, with net income reaching 1.34 billion dirhams, more...
Russian Companies Move into Morocco as Trade with West Falters
Russia is sending a major trade delegation to Morocco in mid-June, showing that economic ties between the two countries are growing.
Natalia Orlova, an economics...
Moroccan bank Crédit Agricole du Maroc wins top global award for fast and reliable...
Crédit Agricole du Maroc has won the “STP Award 2025” from Commerzbank for the way it handles international payments.
The award is given to a...