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Morocco tightens borders: record cash seizures in 2024

Morocco tightens borders: record cash seizures in 2024

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In 2024, Moroccan customs officials intercepted a total of 167 million dirhams in undeclared currency at border checkpoints, according to the latest activity report...
Passenger car clearances in Morocco hit 151,755 in 2024

Passenger car clearances in Morocco hit 151,755 in 2024

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Morocco’s auto import market continued its upward trajectory in 2024, with a notable increase in the number of passenger cars cleared through customs. According...
Morocco hits milestone with over 2 million customs declarations in 2024

Morocco hits milestone with over 2 million customs declarations in 2024

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For the first time ever, Morocco’s customs authorities processed over two million unique goods declarations (DUMs) in 2024, marking a 7.1% increase compared to...
Tax windfall: Morocco’s customs bring in 144.8 billion dirhams

Tax windfall: Morocco’s customs bring in 144.8 billion dirhams

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Customs revenue hit an all-time high in 2024, bringing in 144.8 billion dirhams—up from 132.5 billion the previous year. According to the Customs and...
Morocco cuts cereal imports as domestic production rises

Morocco cuts cereal imports as domestic production rises

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Between January and July 2025, Morocco imported just under 5.85 million tons of cereals—a drop of 11% compared to the same period last year....
Morocco counts 33 million livestock in nationwide census

Morocco counts 33 million livestock in nationwide census

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Between late June and early August, Morocco carried out a nationwide livestock census that has produced the most detailed snapshot to date of the...
Morocco secures $200 million AIIB loan for climate resilience

Morocco secures $200 million AIIB loan for climate resilience

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Morocco is set to receive a $200 million boost from the Asian Infrastructure Investment Bank, aimed at advancing its climate resilience efforts. The announcement,...
Morocco has emerged as the dominant force in cobalt consumption across the Middle East and North Africa, accounting for a staggering 91% of the region’s total demand in 2024. According to data from IndexBox, a platform focused on economic market analysis, Morocco consumed approximately 234,000 tonnes of cobalt this year—far surpassing any other country in the region. The next closest consumer, Oman, trailed far behind with just 23,000 tonnes. Over the past decade, Morocco’s appetite for cobalt has grown at a steady pace, averaging a 1.4% annual increase in volume between 2013 and 2024. The kingdom doesn’t just lead in volume—it also dominates in value. Morocco’s cobalt consumption this year is estimated at $1.9 billion, compared to Oman’s $525 million. On a per capita basis, Morocco remains ahead as well, with each resident accounting for roughly 6.1 kilograms of cobalt usage, while Oman stands at 4.2 kilograms per person. Regionally, cobalt production has held steady at around 256,000 tonnes in 2024, mirroring last year’s figures. Over the last ten years, output has grown modestly, with an average annual increase of 1.5%. The total value of the region’s cobalt exports is estimated at $2.5 billion for the year.

Morocco consumes 91% of MENA’s cobalt

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Morocco has emerged as the dominant force in cobalt consumption across the Middle East and North Africa, accounting for a staggering 91% of the...
Morocco poised to overtake Italy in global car production

Morocco poised to overtake Italy in global car production

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Morocco is on the verge of a major milestone in its automotive journey: by the end of this year, it could surpass Italy in...
Morocco takes center stage at international nuclear security forum in Washington

Morocco takes center stage at international nuclear security forum in Washington

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From August 20 to 23, Khadija Bendam, Vice President of the Arab Women’s Network for Chemical, Biological, Radiological, and Nuclear Security, represented Morocco in...

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