Development

Morocco Celebrates First International Argan Tree Day, Highlighting Economic Impact

12 May 2021

It was the city of Agadir that hosted on May 10 the celebration of the very first International Argan Tree Day initiated by Morocco and the UN. An opportunity to learn more (…)

Morocco’s Weekly Rural Markets: CESE Urges Reform of Vital Economic Hubs

11 May 2021

The Economic, Social and Environmental Council (CESE) has looked into the functioning and life of the weekly souks. These markets are vital spaces that contribute to the (…)

Morocco’s Cannabis Legalization Set to Boost Economy and Medical Industry

6 May 2021

The implementation of law 13-21 relating to the legalization of medical cannabis will generate an increase in revenue of around 40% compared to current contributions, in (…)

Morocco’s Unemployment Rate Climbs to 12.5% in Q1 2021, Rural Areas Hit Hard

4 May 2021

The unemployment rate in Morocco rose by two points in the first quarter of 2021 compared to the same period last year, from 10.5% to 12.5%, according to the High Commission (…)

AfDB Grants $1 Million to Boost Morocco’s Business Climate and Economic Recovery

4 May 2021

The African Development Bank (AfDB) intends to support the improvement of the business climate in Morocco, which is striving to "succeed in a high-road crisis exit". In this (…)

Moroccan Startup Culture Emerges as Economic Force, CNN Reports

30 April 2021

The American channel CNN believes that the culture of Moroccan startups is an "emerging economic force". They have made notable progress both in Morocco and abroad.

Morocco Accelerates Investment in High-Speed Internet Infrastructure

28 April 2021

In 2020, international Internet bandwidth and data and fixed traffic increased due to the health crisis. Faced with this increase, a major investment in Very High Speed (VHS) (…)

Morocco’s Fnideq Economic Zone Construction Reaches 50% Completion

28 April 2021

The construction work on the new Fnideq Economic Activity Zone (ZAEF) is progressing normally and according to the planned schedule, according to a note from the Agency for the (…)

Morocco Leads MENA Region in MIT’s Green Future Index, Ranks 26th Globally

14 April 2021

In the ranking of the MIT Technology Review Insights 2021 Green Future Index, Morocco ranks 26th globally and first in the MENA region.

Morocco Launches Initiative to Attract Diaspora Investment and Expertise

7 April 2021

CGEM and the Council of the Moroccan Community Abroad (CCME) proceeded on Tuesday to sign a framework cooperation agreement aimed at contributing to the Moroccan economy (…)