Keywords: Growth
Morocco's automotive industry is experiencing rapid acceleration, evidenced by a remarkable 27% surge in exports in 2023, reaching $13.9 billion, as reported by the nation's foreign trade regulator. The North African kingdom has firmly established itself as a continental leader in car manufacturing,......
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......
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