Morocco
Morocco Aims to Break into World's Top 50 Economies for Business in 2021
Morocco has made qualitative leaps in the economic field over the past ten years, and aims to be among the 50 best economies in the world.
Topic
Economic growth
Morocco
Morocco's Auto Sales Surge 37% in Q1 2021, Signaling Recovery
The automotive market in Morocco is finally regaining its pre-crisis momentum. In March 2021, 16,717 new vehicles were sold, an increase of 18.46% compared to February 2021.
Morocco
Morocco's Credit Rating Downgraded as COVID-19 Impacts Economy
The rating agency Standard & Poor’s has lowered Morocco’s sovereign rating from "BBB-/A-3" to "BB+/B". This emerges from the assessment published on April 2.
Morocco
Morocco Aims to Become Africa's Digital Hub with Industry 4.0 Push
Morocco has great potential to make it the digital crossroads of the continent, provided the government implements appropriate policies for change. Ludovic Subran, chief economist at Allianz SE, provides some clarification on Industry 4.0.
Morocco
Morocco's Economy Set to Grow 5.3% in 2021, Boosted by Agricultural Rebound
The Moroccan economy is expected to grow by 5.3% this year before settling at 3.2% the following year, according to data just published by Bank Al-Maghrib (BAM) .
Morocco
Morocco's Economic Recovery at Risk as Vaccine Supply Concerns Grow
Morocco’s economic growth in 2021 is dependent on the successful rollout of the mass vaccination campaign against Covid-19, which should allow the country to reach herd immunity and lift the current restrictive measures. The expected economic recovery in the second half of the year could be delayed if this objective is not achieved.
Morocco
Tanger Med Port Sets Record Container Traffic, Surges 20% in 2020
In the fourth quarter of 2020, the activity of the Tanger Med port hub resulted in an increase in the main indicators of port activity. For the year 2020 in general, the results are remarkable.
Morocco
Morocco Considers Cannabis Legalization, Eyeing Lesotho's Economic Success
Morocco , which is about to legalize the use of cannabis, should draw inspiration from the experience of Lesotho, which has become a global market that industrial cannabis players are rushing to, after adopting a law on the legal use of cannabis.
Morocco
Morocco Taps Diaspora for Economic Recovery, Seeks Overseas Investment
The kingdom must count on Moroccans living abroad in the economic recovery plan. In this sense, they have been invited to participate in the thematic funds related to the Mohammed VI fund and to take advantage of the opportunities of the national loan provided for in the 2021 Finance Act.
Morocco
Morocco Rated 'Fairly High Risk' for Corporate Debt, Coface Report Shows
Morocco should succeed in better managing the health crisis than the other MENA countries, according to the latest quarterly barometer of the credit insurer Coface, which grants a B rating and a fairly high risk.
Morocco
Morocco Sees 22% Drop in Business Failures Amid Pandemic, Lowest Since 2015
In 2020, 6,612 business failures were recorded in Morocco. According to Inforisk, this is the largest drop noted in recent years.
Morocco
Moody's Maintains Morocco's Credit Rating, Shifts Outlook to Negative Amid Pandemic Impact
The rating agency Moody’s has maintained Morocco’s credit rating at "Ba1" due to its ability to access external and domestic financing on favorable terms. While Morocco’s rating has been confirmed, its outlook has nevertheless been revised from "stable" to "negative".