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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...

Activists cite structural barriers as Moroccan women fall behind in labor market

Activists cite structural barriers as Moroccan women fall behind in labor market

Morocco’s national unemployment rate dipped slightly in the second quarter of 2025, but women continue to face worsening job prospects, with the female unemployment rate climbing to 19.9%, new government data shows. Figures released by the High...

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...

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...

Audit leaks reveal widespread corruption in Moroccan local governments

Audit leaks reveal widespread corruption in Moroccan local governments

Leaked findings from regional audit reports have revealed widespread financial irregularities and corruption in several local municipalities in the Casablanca-Settat and Fes-Meknes regions, implicating both current and former local government...

Black Queens enjoy Bank of Africa breakfast treat after WAFCON heroics

Black Queens enjoy Bank of Africa breakfast treat after WAFCON heroics

Bank of Africa Ghana invited some of the Black Queens players to their headquarters on Thursday, August 7, 2025, for a breakfast meeting. The meeting was to recognise the team for their resounding performance at the just-ended Women's Africa Cup...

Chinese hackers deploy malware that infected over 11,000 Android devices worldwide; Morocco tops targets in Africa

Chinese hackers deploy malware that infected over 11,000 Android devices worldwide; Morocco tops targets in Africa

A newly published report from cybersecurity firm Cleafy has revealed that a Chinese-speaking hacker group has developed a powerful malware called PlayPraetor, which has infected more than 11,000 Android devices worldwide in under three months....

‘Our role is to champion entrepreneurs’

‘Our role is to champion entrepreneurs’

The President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, has reaffirmed the Bank’s strong commitment to supporting African entrepreneurs and industrial innovation. He was speaking during a visit to Saglev, a...

European Logistics Group Launches Direct Shipping Route from Morocco to Northern Europe

European Logistics Group Launches Direct Shipping Route from Morocco to Northern Europe

Rabat — European logistics company Samskip has launched the Moroccan Reefer Service (MRS). This new weekly maritime line connects Agadir and Casablanca directly to Thamesport in the UK and Rotterdam in the Netherlands. This service transports...

Africa’s AI Market to Surpass $16.5B by 2030 – Mastercard Report

Africa’s AI Market to Surpass $16.5B by 2030 – Mastercard Report

Advertisements Mastercard has released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent’s readiness, opportunity and roadmap for responsible artificial intelligence (AI) adoption. The...

ACWA Power Secures Major Solar Projects in Morocco

ACWA Power Secures Major Solar Projects in Morocco

ACWA Power, a Saudi-listed leader in the global energy transition, has secured the Noor Midelt 2 and Noor Midelt 3 solar projects in Morocco. The projects were awarded following an international tender process facilitated by the Moroccan Agency...

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 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...

Israel destroys Palestine’s last surviving seed bank, echoing a colonial legacy of erasure

Israel destroys Palestine’s last surviving seed bank, echoing a colonial legacy of erasure

Screenshot of video shared by the Union of Agricultural Work Committees (UAWC), showing the destruction of the seed bank. Fair use. On July 31, 2025, Israeli forces bulldozed the seed‑multiplication unit of the Union of Agricultural Work...

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...

Mastercard Projects Africa’s AI Market to Triple, Urges Inclusive Growth

Africa’s artificial intelligence sector is poised for explosive growth, with Mastercard forecasting the market will surge from $4.5 billion in 2025 to $16.5 billion by 2030. A new whitepaper from the payments giant outlines how responsible AI...

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...

Can solar power shift the world’s economic geography?

Can solar power shift the world’s economic geography?

Industry should be expected to cluster around energy resources. This trend has been visible from the earliest days of the industrial revolution, when mills were built next to rivers so water wheels could power machinery. This raises a crucial...

Panel discusses deepening trade links with Africa

Panel discusses deepening trade links with Africa

An­drea Perez-Sobers Se­nior Re­porter an­drea.perez-sobers@guardian.co.tt There is a grow­ing sen­ti­ment that it is time to re­set and reimag­ine the re­gion’s eco­nom­ic re­la­tion­ship with Africa. This was re­vealed by Ir­fan Ho­sein,...

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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