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Keywords: Growth
In 2023, remittances from Moroccan expatriates reached an all-time high of nearly 115.15 billion Moroccan dirhams ($11.5 billion), as reported by the country's Foreign Exchange Office. This figure marks a notable 4% increase compared to the previous year, underscoring the robust economic ties between......
In a move set to turbocharge Morocco's industrial sector, the Moroccan Agency for Investment and Export Development (AMDIE) has forged a groundbreaking partnership with the International Finance Corporation (IFC). This collaboration, aimed at enticing foreign investments and bolstering Moroccan companies'......
In a remarkable feat, Morocco's tourism sector surged to unprecedented heights in 2023, boasting a staggering $10.5 billion in revenue, according to recently released data. This figure, which represents a notable 12% increase compared to pre-pandemic levels in 2019, underscores the industry's......
The International Finance Corporation (IFC) is making a significant investment in Morocco's economic future, injecting $100 million into Crédit du Maroc to drive small business expansion and facilitate the country's shift towards renewable energy. This financial infusion, equivalent to......
In a significant stride toward a more sustainable future, the Kingdom of Morocco unveiled a groundbreaking initiative this week—the Green Growth & Jobs Accelerator Project (GGJAP). This ambitious project, spearheaded by the United Nations Development Programme (UNDP) and supported by the Danish......
Morocco witnessed a significant surge in private investment, reaching a total of 100 billion Moroccan dirhams, equivalent to nearly $10 billion, in 2022, as announced by Minister of Investment Mohcine Jazouli on Thursday in Rabat. Although official figures have not yet been released, the minister's......
Morocco is basking in the glow of a remarkable tourism milestone, having welcomed over 14.5 million visitors in 2023, marking a historic 34% increase from the previous year. This surge comes as a resounding success following the challenges posed by the Al Haouz earthquake, which had dealt a blow to this......
Morocco's Minister Delegate for Investment, Mohcine Jazouli, initiated a comprehensive tour of the country's Oriental region this week, aligning with the government's strategic efforts to stimulate private investment and foster job creation nationwide. The primary objective of this visit......
The Mohammed VI Investment Fund (FM6I) has recently unveiled its preselection of 17 private equity firms tasked with managing specialized sectoral and thematic funds. This initiative forms a pivotal component of a comprehensive strategy designed to expedite investment and foster job creation throughout......
