Morocco’s Growth – AI, EV‑Battery, Agriculture, Trade

Timeline

1. 2 days ago

   [TECHNOLOGY] 17 sources

   Morocco secures AfDB $110‑$114 million loan for Africa’s first EV battery gigafactory

   AfDB approved a $110 million loan to Gotion Power Morocco for Africa’s first EV battery gigafactory, creating 600+ jobs and planning up to 100 GWh capacity, with additional financing to follow.

2. 2 days ago

   [BUSINESS] 6 sources

   Morocco’s Economy Gains Momentum as World Bank Forecasts 4.3% Growth and New Mali Partnership Announced

   World Bank projects Morocco’s GDP to grow 4.3% as investment rises, while Morocco and Mali expand bilateral economic cooperation in Bamako across multiple sectors.

3. 5 days ago

   [BUSINESS] 11 sources

   Morocco projects 4.8% GDP growth in 2026 amid rising reserves and record business registrations

   Morocco's Bank of Morocco reports reserves of 442.9 bn dirhams and forecasts 4.8% GDP growth in 2026; Jan‑May 2026 saw 42,905 new firms, while household living standards remain weak and unemployment stays high.

4. 7 days ago

   [BUSINESS] 6 sources

   Indonesia expands poultry and coffee exports to China, Middle East, and Morocco

   Indonesia is targeting China, the Middle East and Morocco to export surplus poultry and coffee, using new market initiatives and the SRG system.

5. 8 days ago

   [POLITICS] 2 sources

   Morocco's Agriculture Minister Bouari Leads Regional Investment Councils

   Morocco's Agriculture Minister Ahmed Bouari chaired regional investment councils, reporting strong 2025 results, flood response, and expanded irrigation projects ahead of the 2026 budget.

6. 9 days ago

   [CULTURE] 2 sources

   Moroccan Cinema Center allocates 3.5‑3.7 million dirham grants to new film projects

   Morocco's CCM approved multi‑million‑dirham grants for feature films, short films, scripts and documentaries in its 2026 production support session.

7. 10 days ago

   [BUSINESS] 9 sources

   Morocco’s 2026 Economy Near 5% Growth Amid Weak Household Confidence

   Morocco’s economy is forecast to grow near 5% in 2026, while household confidence remains low and most families report worsening living standards.

8. 10 days ago

   [BUSINESS] 6 sources

   Morocco expands aquaculture to 244 projects aiming for 90,000‑ton annual output

   Morocco’s aquaculture now has 244 active projects targeting 90,000 tons annually, supporting food security, investment and jobs, with backing from the World Bank, Islamic Development Bank and JICA.

9. 11 days ago

   [INTERNATIONAL] 7 sources

   UEMOA expands scholarships and digital summit while Morocco urges Atlantic African maritime cooperation

   UEMOA launches fully funded scholarships, reviews its budget and Vision 2040, and Niger will host a digital economy expo, while Morocco’s foreign minister urges Atlantic African maritime cooperation.

10. 12 days ago

    [BUSINESS] 5 sources

    World Bank launches 10‑year partnership with Morocco to spur growth and employment

    The World Bank and Morocco signed a 10‑year partnership to boost growth, jobs and private‑sector development, focusing on enterprise competitiveness, regional connectivity and human‑capital reforms.

11. 12 days ago

    [BUSINESS] 6 sources

    Morocco's 2024 regional wealth and growth concentrated in three regions

    Three Moroccan regions generated 58.4% of GDP and 74.4% of consumption in 2024, while eight regions outpaced national growth, widening regional economic disparities.

12. 16 days ago

    [BUSINESS] 4 sources

    Morocco and Indonesia push ahead with preferential trade agreement and halal cooperation

    Morocco and Indonesia are fast‑tracking a preferential trade deal and halal certification cooperation, aiming to boost bilateral trade and open ASEAN, African and European markets.

13. 17 days ago

    [TECHNOLOGY] 2 sources

    Morocco partners with ALTEN to build AI and Industry 4.0 ecosystem

    Morocco and ALTEN signed a partnership to create an AI and Industry 4.0 ecosystem, targeting $10 bn GDP growth and 240 000 jobs, while ALTEN recruits senior developers in the country.

14. 18 days ago

    [BUSINESS] 2 sources

    Morocco's ONEE launches tender for 362 MW El Menzel pumped‑storage plant

    Morocco's ONEE has opened an international tender to build the 362 MW El Menzel pumped‑storage plant near Séfrou, financed by the Islamic Development Bank, with bids due by 30 Sept 2026.

15. 18 days ago

    [BUSINESS] 6 sources

    Morocco Emerges as Major Hub for Electric‑Vehicle Battery Investment

    UNCTAD reports Morocco as a fast‑growing EV battery hub, with a $1.3 bn gigafactory, potential $6.5 bn expansion, and FDI rising to $3.3 bn in 2025.

16. 18 days ago

    [BUSINESS] 2 sources

    World Bank backs $265 M Morocco pump‑storage project as Slovenia launches renewable‑energy sharing scheme

    The World Bank funds a $265 M pump‑storage plant in Morocco, while Slovenia introduces a system for households to share renewable electricity surplus.

17. 19 days ago

    [BUSINESS] 3 sources

    Morocco boosts AI and industrial competitiveness through ALTEN partnership and Made‑in‑Morocco label

    Morocco signs an AI partnership with ALTEN to advance Industry 4.0 and sees company Colorado earn the Made‑in‑Morocco label for meeting ISO standards, reinforcing its industrial push.

18. 22 days ago

    [BUSINESS] 2 sources

    World Bank approves $265 million for Morocco’s Ifahsa pumped‑hydro storage project

    The World Bank approved $265 M for Morocco’s 300 MW Ifahsa pumped‑hydro storage, creating 820 construction jobs and enabling 1 GW of new renewables while cutting 3 TWh of fossil power annually.

19. 23 days ago

    [BUSINESS] 2 sources

    Morocco approves 42 billion dirhams of investment, creating nearly 10,000 jobs

    Morocco’s investment commission approved 29 projects worth 42 bn dirhams, creating nearly 10 k jobs and adding strategic investments in electric vehicles, aeronautics and textiles.

20. 23 days ago

    [BUSINESS] 2 sources

    Morocco approves 42 bn dirham investment plan and unveils major film studio complex

    Morocco approved 29 investment projects worth 42 bn dirhams to create about 9 800 jobs, and announced a major film studio complex to boost its audiovisual industry.

21. 23 days ago

    [BUSINESS] 4 sources

    World Bank approves $265 million for pumped‑hydro storage project in northern Morocco

    The World Bank approved $265 million to fund a 300 MW pumped‑hydro storage plant near Chefchaouen, Morocco, to boost grid reliability, add up to 1 GW of renewables and cut ~1.7 million t CO₂ each year.

22. 25 days ago

    [BUSINESS] 2 sources

    Morocco promotes investment at Tangier and Paris events

    Morocco emphasized its economic resilience and investment appeal at a Tangier business forum led by Minister Ryad Mezzour, while a France‑Morocco economic day in Paris highlighted bilateral trade opportunities.

23. 25 days ago

    [BUSINESS] 2 sources

    Morocco secures €700 million EIB investment and new auto‑industry banking partnership

    The EIB targets over €700 million for Moroccan projects in 2026, while Attijariwafa Bank and AMICA launch a partnership to finance the country’s auto industry.

24. 25 days ago

    [BUSINESS] 3 sources

    Morocco trade deficit widens as Turkish exports surge 20% in early 2026

    Turkish exports to Morocco jumped 20% to $1.82 bn, making it the 13th Turkish market, while Morocco’s trade deficit swelled to over 159 bn dirhams in early 2026 due to faster import growth.

25. 26 days ago

    [BUSINESS] 4 sources

    Morocco rolls out 6 billion‑dirham plan to boost oil‑gas storage and welcomes domestic investors

    Morocco’s energy minister announced a 6 billion‑dirham plan to raise fuel‑storage capacity by over 30 % and highlighted that ten firms, including the first domestic investors, are now exploring oil and gas.

26. 26 days ago

    [BUSINESS] 5 sources

    Morocco's Q1 2026 GDP growth slows to 4.6% as agriculture drives the economy

    Morocco’s Q1 2026 GDP grew 4.6% versus 5% a year earlier, driven by an 18.4% jump in agricultural output and a rebound in household spending, while investment slowed and inflation eased to 1.1%.

27. 29 days ago

    [BUSINESS] 2 sources

    Morocco records 295 billion dirhams tax revenue in 2025, exceeding fiscal target

    Morocco's 2025 tax revenue hit 295 billion dirhams, up 18.9% YoY and exceeding the fiscal target by 13.8%, with corporate tax leading at over 100 billion dirhams.

28. 29 days ago

    [BUSINESS] 2 sources

    Morocco Secures Major Renewable Energy Funding and Highway Project Contracts

    Morocco ranks among the top global recipients of renewable energy financing, drawing $6.6 billion since 2010, while French firm GEA secures a toll‑technology contract for the Guercif‑Nador highway.

29. about 1 month ago

    [BUSINESS] 2 sources

    Morocco faces job crisis amid economic growth and slowing real‑estate market

    Morocco’s economy is growing, with GDP at $154 bn and 4.9% real‑growth, but unemployment hits 13.3% and youth joblessness tops 35%; simultaneously, real‑estate prices and sales fell sharply in 2026, with up to

30. about 1 month ago

    [BUSINESS] 2 sources

    Morocco's consumer price index rises 1.2% in May 2026

    Morocco's May 2026 CPI rose 1.2 % YoY, aided by higher non‑food prices and lower food prices, with core inflation up 0.3 % MoM.

31. about 1 month ago

    [BUSINESS] 2 sources

    Morocco uses public procurement and high‑speed rail to spur automotive jobs and industry

    Morocco proposes preferential public procurement for locally‑made cars and highlights high‑speed rail, port and renewable projects as drivers of jobs and industrial growth.

32. about 1 month ago

    [BUSINESS] 2 sources

    Morocco urges full activation of African Continental Free Trade Area at Marrakech forum

    Moroccan officials at a Marrakech forum urged rapid activation of AfCFTA, saying it could add $450 bn to Africa’s income, lift 30 million out of poverty, and require major infrastructure and trade reforms.

33. about 1 month ago

    [BUSINESS] 2 sources

    Bank Al-Maghrib expected to keep policy rate at 2.25% as it steers growth and inflation

    Bank Al‑Maghrib is expected to keep its policy rate at 2.25% on 23 June, reflecting strong growth, low but rising inflation and stable credit conditions in Morocco.

34. about 1 month ago

    [BUSINESS] 5 sources

    Morocco fuel market 2025 sees volume growth but revenue decline

    Morocco’s 2025 fuel market imported more volume but at lower value; sales rose 1.8 % to 7.45 bn L while revenue fell 8.9 % to 70.4 bn MAD, diesel kept 85 % share and margins diverged as new operators entered.

35. about 1 month ago

    [BUSINESS] 3 sources

    Morocco aims for 90 million‑quintal cereal harvest in 2026

    Morocco expects a 90 million‑quintal cereal harvest in 2026, backed by subsidies, price controls and a new strategic grain reserve to boost food security.

36. about 1 month ago

    [BUSINESS] 2 sources

    Morocco ramps up pepper exports to Norway amid EU customs push

    Morocco's efficient customs handling supports expanding EU trade, while pepper shipments to Norway doubled to 620 t, worth €2.5 m in 2025/26.

37. about 1 month ago

    [BUSINESS] 2 sources

    Morocco sees surge in car imports boosting customs revenue in 2025

    Morocco’s 2025 car imports rose 20%, raising customs revenue 39% to 834 M dirhams, while Nador port’s fish shipments fell 16% in early 2026, lowering market value to 59.4 M dirhams.

38. about 1 month ago

    [BUSINESS] 3 sources

    Morocco's industrial production index falls 1.4% in Q1 2026

    Morocco's Q1 2026 industrial production index fell 1.4%, with declines in minerals, clothing, metallurgy and electricity, while automotive, pharma and transport equipment posted strong gains.

39. about 1 month ago

    [BUSINESS] 2 sources

    Morocco Leads Africa in Industrial Index and Business Climate Rankings

    Morocco now leads Africa in industrial output and business climate, beating South Africa and others thanks to strong manufacturing, logistics and reforms.

40. about 2 months ago

    [BUSINESS] 2 sources

    Morocco emerging as African industrial model and investment hub

    Morocco is touted as an African industrial model and a top investment destination, with AU backing and Standard Chartered noting reforms and UAE partnerships attracting capital to key sectors.

41. about 2 months ago

    [BUSINESS] 2 sources

    Morocco's economy grows 4.9% in 2025 as agriculture and investment drive expansion, industrial activity steadies

    Morocco’s economy is projected to grow 4.9% in 2025, led by an 8.2% jump in agriculture and a 16.3% rise in investment, while a Bank of Morocco survey shows April industrial activity largely stable.

42. about 2 months ago

    [BUSINESS] 3 sources

    Morocco tops African rankings in FIFA list and business climate survey

    Morocco is the sole African in FIFA’s top‑10 and ranked highest in a French investors’ barometer, praised for stability and infrastructure but noted for investment incentives.

43. about 2 months ago

    [BUSINESS] 8 sources

    Morocco overtakes South Africa as Africa’s top industrial economy

    Morocco tops the 2025 Africa Industrialisation Index, edging out South Africa, thanks to strong industrial policies, infrastructure investments and export diversification.

44. about 2 months ago

    [BUSINESS] 5 sources

    Morocco Overtakes South Africa as Africa’s Top Industrial Economy

    AfDB’s 2025 index ranks Morocco as Africa’s top industrial economy, overtaking South Africa, citing strong policies and diversification, while noting low intra‑African trade.