Morocco is leading African progress and reshaping the continent's mining landscape.

Written by: Ayman Ragab

The 2026 Global Silver Survey, published by the Silver Institute and conducted by Metals Focus, ranks Africa among the fastest-growing regions in global silver production by 2025.

Engine for growth

Morocco stands out, given this outstanding continental performance, as a key driver of growth, fueled by the expansion of the Zgounder mine. Thus, the report shows that the reshaping of the silver sector in Africa is accelerating at a time when the global market is entering a phase of ongoing tension between supply and demand.

The 2026 World Silver Survey reveals a trend that extends far beyond Morocco. According to the study, Africa is projected to be the region with the strongest relative growth in silver mine production by 2025, with an increase of 261 TP3T, reaching a total production volume of 23 million ounces.

This momentum is mainly due to Morocco, whose production jumped from 7.9 to 11.9 million ounces in one year, representing an increase of 50%.

The report highlights that this performance reinforces the Kingdom’s position as the largest producer of silver in Africa.

For the first time, it appears that African growth is heavily concentrated around a single entity capable of leading the entire region.

Beyond the rankings, this development is changing the economic landscape of the mining sector on the continent. For the first time in years, African growth appears to be largely concentrated around a single entity capable of leading the entire region.

This development comes in a global context where silver mining production is projected to increase by 31 TP3T by 2025, reaching 846.6 million ounces. However, unlike other regions whose growth relies on multiple mining basins, the document shows that Africa's prosperity stems primarily from a clearly defined development project in Morocco.

gradual transformation

The statistical table in the report highlights a gradual shift in the African production balance.

After Morocco, Botswana currently ranks first with a production of 3.4 million ounces, followed by Eritrea with 2.8 million ounces, and then South Africa, which maintained its production at 1.4 million ounces after a slight decrease. The total production of the remaining African countries amounts to 3.6 million ounces.

In a global market expected to remain under pressure, this ability to sustainably increase supply places the Kingdom at the heart of the developments described in the World Silver Survey 2026. More than just a statistical advance, the report highlights the emergence of a new mining growth center whose effects now extend beyond national borders to impact the dynamics of the entire African continent.