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Moroccan firms investigated over suspected illegal money transfers to Africa

Moroccan firms investigated over suspected illegal money transfers to Africa

Moroccan authorities are investigating a number of domestic companies operating in Africa over suspected illegal money transfers and failure to repatriate profits, according to sources familiar with the matter. A special audit team from Morocco’s...

Morocco’s rapid development attracts growing interest from global diaspora- Maroc entrepreneurs pdt.

Morocco’s rapid development attracts growing interest from global diaspora- Maroc entrepreneurs pdt.

Thanks to the enlightened Vision of His Majesty King Mohammed VI, Morocco is increasingly asserting itself as a land of opportunities and investments, thereby generating growing interest among Moroccans around the world, emphasized Zineb Hatim,...

Morocco's Treasury Invests MAD 3.55 Bln in Cash Surpluses

Morocco's Treasury Invests MAD 3.55 Bln in Cash Surpluses

HESPRESS English – Morocco News General With MAPWednesday 6 August 2025 - 18:30 Morocco’s Treasury and External Finance Department (DTFE) launched three cash surplus investment operations on Wednesday, totaling MAD 3.55 billion. The first...

Morocco-Pakistan Relations: Strengthening Ties Through Shared Values and Strategic Cooperation

Morocco-Pakistan Relations: Strengthening Ties Through Shared Values and Strategic Cooperation

Rabat — In a recent interview with Morocco World News (MWN) at the Pakistani Embassy in Rabat, Ambassador Syed Adil Gilani painted a picture of enduring friendship between Morocco and Pakistan, rooted in shared religious values and mutual support...

Remittances from Moroccans abroad drop 2.6%, experts cite economic and regulatory factors

Remittances from Moroccans abroad drop 2.6%, experts cite economic and regulatory factors

Money sent home by Moroccans living abroad has dropped noticeably in the first half of 2025. According to recent data from the Exchange Office, the total amount of remittances reached MAD 55.86 billion by the end of June, down 2.6% compared to the...

Italy’s ‘Tratta dei Pusher’: Dark Network Trafficking Moroccan Laborers Across Europe

Italy’s ‘Tratta dei Pusher’: Dark Network Trafficking Moroccan Laborers Across Europe

Marrakech – A disturbing investigation by Italy’s Corriere Milano has uncovered what appears to be a modern “tratta dei pusher” (pusher trafficking) operation in the Parco delle Groane. This criminal enterprise recruits young Moroccan men,...

Canadian miner in talks with global buyers over Moroccan titanium project

Canadian miner in talks with global buyers over Moroccan titanium project

Canadian mining company Steadright Critical Minerals Inc. said Tuesday it has begun early-stage discussions with international buyers for potential future titanium supply from its Titan Beach project in Morocco. The company said negotiations are...

Samskip introduces fast container route from Morocco to the UK, Netherlands

Samskip introduces fast container route from Morocco to the UK, Netherlands

Samskip has launched its Moroccan Reefer Service, a new shortsea container route connecting Agadir and Casablanca directly with the UK and the Netherlands. Designed to meet the needs of the fresh produce sector, Samskip claims this service...

Acwa Power secures two solar-plus-storage projects in Morocco

Acwa Power secures two solar-plus-storage projects in Morocco

Riyadh-based energy company Acwa Power will develop Morocco’s Noor Midelt II and Noor Midelt III solar-plus-storage projects. Together, they have a combined solar capacity of 800 MW alongside 1,200 MWh of battery energy storage. August 6, 2025...

Why McCarthy could bank on 20-year-old Manzur in his engine room against Angola

Why McCarthy could bank on 20-year-old Manzur in his engine room against Angola

Harambee Stars Coach Benni McCarthy speaks on his midfield selection against DR Congo match in CHAN 2024 opener in Nairobi, on August 6, 2025. [Stafford Ondego, Standard] Kenya’s much-celebrated 1-0 against victory DR Congo in the 2024 African...

Mastercard Whitepaper: AI Could Add $12B to Africa’s Economy by 2030

Mastercard Whitepaper: AI Could Add $12B to Africa’s Economy by 2030

Mastercard has released a new whitepaper urging coordinated investment and responsible deployment of artificial intelligence (AI) in Africa, projecting that the continent’s AI market could soar from $4.5 billion in 2025 to $16.5 billion by 2030....

Carloha Hosts S’Falcons As NFF President Hails Company’s Role

Carloha Hosts S’Falcons As NFF President Hails Company’s Role

In a resounding display of national pride and support for Nigerian sports, Carloha Nigeria, the exclusive distributor and assembler of Chery vehicles in Nigeria, hosted the victorious Super Falcons at its state-of-the-art showroom in Alapere,...

Akpan Ekpo: Trump’s Tariff Obsession Creates Global Uncertainty, Threatens Nigeria’s Weak Economy

Akpan Ekpo: Trump’s Tariff Obsession Creates Global Uncertainty, Threatens Nigeria’s Weak Economy

Economist Professor Akpan Ekpo has warned that the 15 per cent tariff imposed on Nigerian exports to the United States will heighten global economic uncertainty and expose Nigeria’s vulnerability, despite oil and gas being exempted. Speaking in an...

GLOBAL: Samskip launches shortsea Moroccan Reefer Service

Details Written by Lesley Bankes-Hughes Published: 06 August 2025 Samskip has introduced Morocco’s first container route connecting Agadir and Casablanca directly with the UK and the Netherlands. Login to Read more

Moroccan Truck Drivers Kidnapped by ISIS Released in Mali

Moroccan Truck Drivers Kidnapped by ISIS Released in Mali

Four Moroccan truck drivers, who were kidnapped in January in West Africa by ISIS and held captive for months, were released late Sunday, Malian authorities said. The truckers were traveling 3,000 miles to transport electrical equipment from...

Morocco to implement Risk-Based Solvency Framework in 2026

Morocco to implement Risk-Based Solvency Framework in 2026

Morocco will introduce a risk-based solvency (RBS) regime through a dedicated circular expected by the end of 2025. Starting 1 January 2026, all Moroccan insurers and reinsurers will be required to comply with the new prudential framework, modeled...

Acwa Power secures two co-located storage projects for 1,200 MWh in Morocco

Acwa Power secures two co-located storage projects for 1,200 MWh in Morocco

Saudi-listed Acwa Power has been awarded the Noor Midelt II and Noor Midelt III solar projects in Morocco, following an international tender run by the Moroccan Agency for Sustainable Energy (MASEN). The two projects, located near the north...

Morocco’s financial sector expands 10 percent amid global headwinds

Morocco’s financial sector expands 10 percent amid global headwinds

Morocco’s financial system demonstrated continued resilience and strengthened structural foundations in 2024, despite ongoing global uncertainty and domestic climatic challenges, according to the 12th edition of the annual Financial Stability...

Morocco Elected 3rd UN Conference on Landlocked Developing Countries Vice-President

Morocco Elected 3rd UN Conference on Landlocked Developing Countries Vice-President

Morocco, represented by the Kingdom’s ambassador and permanent representative to the United Nations, Omar Hilale, was elected on Tuesday Vice-President of the 3rd UN Conference on Landlocked Developing Countries, held in Awaza, Turkmenistan. The...

Morocco bets on strong olive and clementine harvests to stabilize autumn markets

Morocco bets on strong olive and clementine harvests to stabilize autumn markets

Morocco’s Ministry of Agriculture is placing strategic emphasis on the success of this year’s olive and clementine harvests, which are entering a critical phase in August and September, according to an official source cited by Hespress. These two...

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