MASEN starts construction on 305MW solar PV portfolio in Morocco
Morocco begins construction on a 305MW solar portfolio led by MASEN, advancing renewable capacity and reinforcing its strategy to scale clean energy despite recent sector challenges.
Morocco begins construction on a 305MW solar portfolio led by MASEN, advancing renewable capacity and reinforcing its strategy to scale clean energy despite recent sector challenges.
Mynk launches in Morocco with a mobile-first wallet enabling instant peer-to-peer payments, bill payments, and digital transactions, supporting the country’s shift toward cashless financial ecosystems.
Morocco ranks fourth in MENA with nine companies in Forbes’ top 100, led by banking, telecom, and infrastructure players, highlighting its growing regional economic influence beyond the GCC.
Moroccan fintech Mynk enables instant peer-to-peer payments through a mobile wallet app that uses phone numbers instead of bank details. The platform aims to increase digital payment adoption and improve financial inclusion in Morocco.
Morocco saw a sharp decline in traditional mobile communication in 2025, with voice calls falling 12.55% and SMS dropping 16.46% as users shifted to messaging apps. Meanwhile, mobile subscriptions, internet users and 5G adoption continued to grow, reflecting increasing demand for data services.
Pan-African leader Netis Group has acquired a majority stake in Netcom Technologies Morocco to expand its portfolio into critical IT and digital security. This strategic move, backed by international investors like the IFC, aims to scale Netcom’s systems integration expertise across Netis’s 16-country African network, driving regional digital transformation.
Maroc Telecom raises 3 billion dirhams through its first private bond issuance to refinance debt and fund investments in 5G, fibre networks and digital services across Africa.
Morocco-based startup Weego has raised $1.1 million to expand its multimodal mobility platform across Africa, aiming to improve urban transport efficiency through integrated digital solutions.
Morocco’s cybersecurity market is expected to reach $238 million by 2031, driven by the Digital Morocco 2030 strategy, cloud adoption, and growing demand for advanced security solutions.
Maroc Telecom has waived February telecom bills for residents of Ksar El Kebir following severe floods, while deploying teams to restore network services and support affected communities.