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Keywords: Growth


Driving Morocco's Sustainable Economic Growth: ONCF and CDG Unite

Moroccan institutions, the Caisse de Dépôt et de Gestion (CDG) and the National Office of Railways (ONCF), have cemented a strategic alliance aimed at propelling the nation's economic development through sustainable initiatives. Directors Khalid Safir and Mohamed Rabie Khlie have formalized......

Morocco's Tourism Boom: Over 2.1 Million Visitors in the First Two Months of 2024

Morocco's tourism sector is experiencing a notable resurgence, with more than 2.1 million tourists visiting the North African nation in the initial two months of 2024, as per the latest data released by the Ministry of Tourism. This figure indicates a significant 14% growth compared to the corresponding......

Strengthening Economic Bonds: Moroccan-Swiss Collaboration Takes Center Stage

In a pivotal gathering held in the Swiss capital of Bern, Moroccan Minister of Industry and Trade Ryad Mezzour and Swiss Federal Councillor for Economic Affairs, Education, and Research Guy Parmelin convened to outline strategies for bolstering economic cooperation between their nations. This meeting......

Morocco's Ports Propel Economic Surge in 2023

In 2023, Morocco experienced a significant uptick in its trade sector, driven largely by impressive gains in port revenues as reported by the National Ports Agency (ANP). This article reviews the ANP's financial results, highlighting key figures and trends that underscore Morocco's robust economic......

Morocco's Prudent Public Spending Spurs Continued Investment Growth

Morocco has sustained positive momentum in public investments despite facing economic headwinds, as per government data. Mustapha Baitas, the government spokesperson and delegate-minister for parliamentary relations, highlighted an 83% execution rate for public projects during a recent press briefing. Baitas......

Elevating the UK-Morocco Partnership: Seizing Opportunities for Mutual Growth

The longstanding partnership between the UK and Morocco is ripe for rejuvenation, as emphasized in a recent report by the Institute for Free Trade. With Brexit heralding a new era of bilateral relations, the think tank urges Britain to embrace the opportunities presented by Morocco's vibrant private......

Moroccan Entrepreneurship Soars: Over 93,000 New Businesses Emerge in 2023

Casablanca-Settat continues to lead the charge in entrepreneurial endeavors within Morocco, boasting nearly 29,000 of the country's remarkable 93,517 newly established businesses by the close of 2023. Data released by the Moroccan Office of Industrial and Commercial Property reveals that this surge......

Strengthening Economic Bonds: Morocco and Mauritania Forge Ambitious Investment Plans

The burgeoning trade and investment relationship between Morocco and Mauritania have reached new heights, as diplomatic and business leaders from both nations gather this week to bolster economic cooperation.  According to figures released by the Moroccan Embassy in Mauritania, trade volumes between......

Challenges Persist for Morocco's Economic Growth Amidst High Inflation and Unemployment

Morocco's economic outlook remains moderate, but the nation grapples with persistent challenges of inflation and unemployment, hindering its socioeconomic progress, as noted by analysts. According to the Africa Development Bank, GDP growth is expected to increase from an estimated 3% this year to......

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