5 million hectares for cereal crops: Morocco’s ambitious agricultural 2024-2025 plan
For the 2024-2025 agricultural season, Morocco has set a goal of dedicating approximately 5 million hectares to cereal cultivation, a significant commitment aimed at bolstering national food security. Agriculture Minister Ahmed El Bouari shared...
Morocco’s tourism sector soars with $8 billion investment and record visitor numbers
Morocco’s tourism sector is on the rise, with 2024 investments expected to reach a substantial 8 billion dirhams (MMDH), aiming to add 7,700 new hotel beds. Tourism Minister Fatim-Zahra Ammor highlighted these developments in...
Moroccan cement sales surge 6.9% in 2024, reflecting strong construction growth
Cement sales in Morocco, a key indicator of construction activity, have jumped by 6.9% in the first nine months of 2024, according to the Department of Studies and Financial Forecasts (DEPF) within the Ministry...
Morocco’s electric power production climbs by 2.3% as renewables surge
In the first eight months of 2024, Morocco saw a 2.3% increase in national electricity production, up from a modest 0.7% gain in the same period last year, according to data from the Ministry...
Morocco’s reservoirs rebound: Agricultural dams reach 27% capacity
With Morocco’s agricultural reservoirs reaching 3.77 billion cubic meters as of October 25—an increase from last year’s 24% to a new 27% capacity—the nation’s farming sector is poised for significant growth. This improvement in...
Moroccan banks’ liquidity requirements surge to MAD 131 billion in Q3 2024
The average weekly liquidity needs of Moroccan banks reached a high of MAD 131.4 billion during the third quarter of 2024, a notable increase from MAD 113.8 billion in the previous quarter, as reported...
Moroccan airports hit record highs with over 24 million passengers in 2024
Moroccan airports have reached new heights, welcoming an impressive 24,274,324 passengers by the end of September 2024—a 19.66% increase over the same period last year, according to figures from the National Airports Office (ONDA)....
King Mohammed VI and President Macron seal 22 strategic deals
In a significant diplomatic event, His Majesty King Mohammed VI of Morocco, accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid, Princess Lalla Khadija, and Princess Lalla Meryem, presided alongside French President Emmanuel...
Orange Maroc and Chari.ma join forces to boost digital inclusion for small retailers
In a major step toward advancing Morocco’s digital economy, Orange Maroc, a key player in telecommunications, and Chari.ma, a digital platform designed for local merchants, have announced a strategic partnership aimed at fast-tracking digital...
Morocco to resume currency flexibility in 2026: A new era for the dirham
Morocco plans to resume the gradual easing of its currency exchange regime in 2026, following a pandemic-induced pause. Abdellatif Jouahri, Governor of Bank Al-Maghrib, confirmed this in an interview with Bloomberg News on the...