IFC and MIGA join forces with Tanger Med to boost Morocco’s global trade hub
The International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), both arms of the World Bank Group, announced a landmark partnership with Morocco’s Tanger Med to expand its truck and passenger terminal....
Five Moroccan regions dominate labor force, housing 72% of active workers in 2024
In the third quarter of 2024, five Moroccan regions alone accounted for over 72% of all active individuals aged 15 and older, the High Commission for Planning (HCP) revealed in its latest labor market...
From AI to IoT: How insurtech is shaping the next era of insurance in...
In a world marked by rapid transformations, insurtech—technology-based insurance solutions—is reshaping the industry by making insurance more accessible, personalized, and resilient. Insurtech holds vast potential to expand insurance access and boost financial inclusion, especially...
Nigeria to Morocco pipeline nears reality as ECOWAS ministers convene in Abuja
West African leaders convened Friday in Abuja to address one of the continent’s most ambitious energy projects: the Nigeria-Morocco Atlantic Gas Pipeline. The high-level working session brought together energy ministers from member states of...
Al Barid Bank leads African financial inclusion initiatives at WSBI congress
Al Barid Bank recently made a significant appearance at the 27th World Savings and Retail Banking Institute (WSBI) Congress, hosted in Rome to celebrate the institute’s centennial. This prestigious event brought together banking leaders...
Resolution 2756: A diplomatic win for Morocco
Morocco is celebrating a recent diplomatic achievement as the UN Security Council passed Resolution 2756, extending the MINURSO mandate in the Western Sahara through October 31, 2025. This decision signals growing international support for...
UM6P expands with new cybersecurity college in Rabat to train digital leaders
The Mohammed VI Polytechnic University (UM6P) is launching a new chapter in its educational mission with the opening of a dedicated cybersecurity branch at its College of Computing in Rabat. As global demand for...
Moroccan industry surges in september: Key sectors see promising growth
In September 2024, Morocco's industrial landscape witnessed notable growth, signaling a recovery in several key sectors, according to Bank Al-Maghrib’s (BAM) latest industrial survey. Conducted from October 1 to October 30, the survey paints...
New Safran workshop at MidParc to drive Morocco’s aeronautics growth
On October 31, 2024, MEDZ, a territorial development subsidiary of CDG Group, and the aerospace and defense giant Safran signed an agreement to open a state-of-the-art aircraft engine maintenance workshop within MidParc Industrial Acceleration...
Morocco rises as global offshoring giant, redefining outsourcing in key sectors
In recent years, Morocco has emerged as a powerhouse in the offshoring industry, solidifying its place as a go-to destination for outsourcing services and manufacturing in fields ranging from aeronautics to automotive. Positioned ideally...