How Morocco supported Algeria’s independance
As Morocco marks the 69th anniversary of its independence, it is a fitting moment to reflect on the country’s unwavering solidarity with Algeria during its struggle for freedom. Under the enlightened leadership of King...
Google honors Morocco’s Independence Day with a striking doodle
On this November 18, Morocco’s Independence Day, Google has once again paid tribute to the nation’s rich history and culture by featuring a custom doodle on its homepage. This morning, Moroccan internet users were greeted...
Moroccan small and medium-sized enterprises : Forgotten engines of growth
Small and medium-sized enterprises (SMEs) are the backbone of Morocco’s economy, making up over 95% of the country’s business landscape. These enterprises are crucial in driving employment, economic growth, and reducing regional disparities. Yet,...
OCP secures €200 million EBRD loan to drive sustainable water solutions in Morocco
The European Bank for Reconstruction and Development (EBRD) has granted a €200 million loan to Morocco’s OCP Group, a global leader in phosphates and fertilizers, to support the construction of two large-scale seawater desalination...
Morocco approves tax breaks for defense industry to spur investment
The Moroccan government has just given the green light to a temporary corporate tax exemption for companies within the defense equipment and armament sector. This significant move aims to encourage businesses in this strategic...
IMF greenlights $415 million in aid for Morocco to bolster climate resilience
The International Monetary Fund (IMF) has approved the release of $415 million for Morocco, following the successful completion of the second review of its resilience-focused aid program. This disbursement brings the total funds allocated...
EV Industry: Morocco’s CDG partners with Gotion High-Tech to launch gigafactory
On November 13, 2024, in Hefei, Khalid Safir, Director General of Morocco’s Caisse de Dépôt et de Gestion (CDG), and Li Zhen, President of the Sino-European company Gotion High-Tech, signed a Memorandum of Understanding...
French delegation explores Laâyoune’s growing opportunities in investment
On Tuesday, around 50 French business leaders and economic decision-makers gathered in Laâyoune, Morocco, for a key meeting with local officials to explore new investment and partnership opportunities in the Laâyoune-Sakia El-Hamra region. Organized...
Fuel market in Morocco: Profit margins under pressure and imports on the rise
The Competition Council of Morocco has just released a detailed report on the performance of the country's nine largest fuel distribution companies for the second quarter of 2024. While gross commercial margins for diesel...
Business climate in Morocco for 2025: A radical makeover for investor journeys
Morocco is setting the stage for a transformed business climate by 2025, introducing initiatives to streamline and enhance the investor experience. With these new measures, Morocco aims to elevate its appeal for both domestic...