CMI has partnered with Global Blue to launch a multi-currency payment service for Moroccan e-commerce websites. This new service, incorporating Dynamic Currency Conversion, allows international customers to pay in their preferred currencies, enhancing the shopping experience and increasing sales for Moroccan merchants.
Morocco is advancing its trade framework through a new digitization initiative, supported by the EBRD. The project, aimed at enhancing business efficiency and global competitiveness, aligns Moroccan legislation with the UNCITRAL Model Law on electronic transferable records. Discussions took place at the Green Impact Expo & Summit 2025.
Maroc Telecom’s debt surged by 6.6 billion MAD, making it the most indebted company on the Casablanca Stock Exchange. This increase, driven by a legal dispute resolution, contributed to a 17% rise in net debt among non-financial companies. The report also highlighted growth in turnover and investments across sectors.
JORF LASFAR, Morocco, January 24, 2025/ — COBCO, a leading provider of battery materials solutions for Europe and North America,…
Morocco and Mauritania are enhancing bilateral relations with cooperation in electricity interconnection, high-speed internet, road infrastructure, and trade. The countries are advancing initiatives like connecting their electricity grids, developing new trade routes, and distancing themselves from the Polisario Front, signaling a strategic shift in regional alliances.
Starting February 7, Morocco’s ANRT will evaluate the internet service quality provided by Maroc Telecom, Inwi, and Orange. Volunteers will have quality measurement equipment installed in their homes to assess latency, speed, and other indicators. The campaign aims to ensure compliance with international standards and improve service quality.
Morocco has seen a significant rise in e-payments, with one-third of all transactions now digital. The country’s digital transformation includes initiatives like the ‘Digital Morocco 2030’ plan and increased adoption of digital wallets, aiming to reduce cash reliance and make payments more accessible to citizens across the country.
Morocco plans to roll out 5G as part of preparations for the 2025 Africa Cup of Nations and 2030 FIFA World Cup. The country aims to achieve 25% 5G coverage by 2026 and 70% by 2030. Additionally, satellite technology and fiber-optic infrastructure will enhance rural and public connectivity.
Stellantis has acquired the remaining 49% stake in Sopriam, fully consolidating its operations in Morocco. This move integrates multiple car brands under Stellantis Maroc, aiming to enhance customer experience and strengthen synergies. The acquisition aligns with Stellantis’ 2030 strategy to lead the Middle East and Africa markets with a 22% share.
Moroccan startups raised $70 million in 2024, ranking fifth in Africa for funding. Despite a decline compared to previous years, the country remains a key player in the African tech ecosystem. The government’s new plan to support innovation aims to foster growth, create jobs, and attract foreign investment.
