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Keywords: Economic growth


Taounate Launches Morocco's Inaugural Legal Cannabis Factory, Paving the Way for Industry Transformation

In a significant development for Morocco's burgeoning cannabis sector, the city of Taounate has inaugurated the nation’s first legal cannabis production facility. This landmark event marks a pivotal shift in the country’s approach to cannabis cultivation and commercialization, reflecting......

Africa and China: Navigating a Complex Partnership for Mutual Growth

The relationship between Africa and China is a multifaceted journey, marked by both opportunities and challenges. As the two regions continue to forge a shared destiny, it is essential to explore the dynamics that shape this partnership and the potential paths ahead. A Historical Perspective The Africa-China......

Morocco's Economic Ascent: Navigating Reforms for Future Growth

Morocco is charting a promising path toward growth and stability, propelled by strategic reforms and key sectors such as automotive and tourism, according to a recent report by Geopolitical Intelligence Services (GIS). These efforts, alongside hosting the 2030 World Cup, are set to enhance Morocco's......

US-Morocco Free Trade Agreement: 20 Years On, Economic Gains Fall Short of Expectations

Two decades after the United States and Morocco inked their Free Trade Agreement (FTA), the economic landscape presents a mixed picture. While bilateral trade has surged from $1.3 billion in 2006 to $5.5 billion in 2023, the anticipated economic windfall for Morocco remains elusive, according to a recent......

Agdez Dam: A Beacon of Hope Against Water Scarcity in Draa-Tafilalet

The Agdez Dam, inaugurated in April 2023 and situated approximately 100 kilometers from Zagora, is poised to play a pivotal role in addressing the region's water scarcity. This ambitious infrastructure project, spanning 940 hectares and rising 130 meters high, aims to significantly enhance the hydraulic......

Morocco's Economic Surge Raises Concerns Over Regional Wealth Disparities

Morocco's recent economic boom, fueled by foreign investments and infrastructure projects, is masking growing concerns about uneven wealth distribution across the country. As urban centers and high-tech sectors flourish, there's a risk that rural areas and vulnerable populations may be left behind......

Oued Ed-Dahab: Celebrating 45 Years of Unity and Progress

As Morocco marks the 45th anniversary of Oued Ed-Dahab's return, the nation reflects on a transformative journey of sovereignty and development. This milestone commemorates a pivotal moment in Moroccan history, symbolizing national unity and the reclamation of territorial integrity in the Sahara. Historical......

Morocco's Ascent: Leading Africa in Global Service Exports

Morocco has emerged as a standout in the global service export arena, climbing to the 29th position in 2023. With service exports reaching an impressive $25 billion, a 16% increase from the previous year, this North African nation leads the continent's growth in this sector, according to the World......

Navigating the Path to Prosperity: Morocco’s Strategic Transition to High-Income Status

Morocco stands at a pivotal crossroads as it seeks to transition to high-income status. The World Bank’s 2024 World Development Report, titled “The Middle Income Trap,” outlines a comprehensive roadmap for over 100 middle-income nations, including Morocco, to achieve this ambitious......

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