AGP Executive Report
Last update: 7 hours agoSME Policy Pushback: Morocco’s new TPME charter is drawing sharp criticism after the confederation warned it would reach only about 0.02% of businesses, arguing the plan targets too few firms versus the scale of the SME ecosystem. FX & Markets: The dirham strengthened against both the euro and the dollar in Bank Al-Maghrib’s latest weekly indicators, while the Casablanca stock index edged down and mining shares jumped. Energy Pressure: Morocco’s trade deficit surged ~24% in Q1 2026 to about 88bn dirhams, with imports rising faster and the Iran–Hormuz shock lifting energy-related costs; gasoline also ticked up +0.5 dirham/liter while diesel held steady. AI & Work: Casablanca is set to host an AI “future of work” conference later this month, positioning the city as a regional AI hub. Security & Training: U.S. forces continued counter-drone testing during African Lion 26, while the search around the Cap Draa training area concluded with recovery of the missing soldiers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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