After a decade of investment, Morocco’s Oriental region is ready to build a strong reputation in the Mediterranean. For years, the Oriental, as the Eastern Region is known, suffered from insufficient transport connections to the rest of the country and a lack of the infrastructure necessary for supporting the development of its family-owned businesses and strategic industries. However, an increased…
In EnglishDes projets ambitieux visant la diversification du bouquet énergétique marocain prennent de l’ampleur avec l’arrivée prochaine dans le sud du pays du deuxième plus grand parc éolien en Afrique.Le Maroc cherche à attirer jusqu’à 2,8 milliards d’euros d’investissements dans le cadre d’une stratégie s’inscrivant dans le Programme national d’efficacité énergétique et…
Oxford Business Group is pleased to announce its media partnership with the Morocco Tourism Investment Forum(MTIF) which will be held on 15 – 16 April, in Morocco. In this respect we send you the following message from the conference organisers: Dear Oxford Business Group Subscribers, Morocco’s Head of Government Abdelilah Benkirane and Lahcen Haddad, Minister of Tourism will open the inaugural…
In EnglishSi une demande en baisse en provenance d’Europe et une production agricole inférieure à la moyenne ont entraîné un ralentissement de la croissance du PIB en 2012, les banques marocaines continuent d’afficher une solide croissance, annonçant une poursuite de cette tendance pour 2013. L’arrivée prévue pour cette année de la première banque islamique du Maroc devrait également…
10 14 16 20 22 25 28 36 37 38 39 40 41 42 46 48 Snapshot: Morocco in figures COUNTRY PROFILE At the crossroads of continents: Diversity defines the country’s geography and people Constitutional changes: Reforms realign powers between the monarchy and the parliament Viewpoint: His Majesty King Mohammed VI Interview: Abdel-Ilah Benkiran, Head of Government Interview: Alistair Burt, UK Minister…
Among many industry players, private equity (PE) has rapidly developed as an alternate source of funding for corporations throughout Africa, especially in the Maghreb region – and Morocco is no exception. Initially dominated by development finance institutions (DFIs), the sector is attracting an increasing number of private funds, both foreign and domestic, thanks to the rapid growth of pension…
As seen in many emerging markets around the world, Morocco’s small and medium-sized enterprises (SMEs) play an important role in the national economy. Although they account for nearly half of employment and over 30% of GDP, the country’s SMEs often suffer from poor access to finance; currently receiving just under a third of total credit. SMEs’ overall contribution in terms of added value…
Estimated to be the second largest on the African continent after South Africa, Morocco’s pharmaceuticals sector is highly developed relative to many of its African neighbours. Currently, there are 32 pharmaceuticals plants present in the country, producing 293m units of drugs in 2011. However, most plants are limited in size, and for this reason steps will be taken in the coming years to…
Working to position its commercial capital, Casablanca, as financial centre for investors eyeing the African continent, Morocco has been drawing support from the City in London, Singapore and Luxembourg. Casablanca is now using its strategic location, near Europe and at the tip of Africa, to try to become a regional financial centre at a time when investors are looking to Africa for new opportunities.…
Against a backdrop of global economic uncertainty, the Moroccan government is making every effort to attract investors to the country. The government’s domestic investment spending increased 2.5% in 2012 to Dh48.5bn (€4.3bn), according to the Ministry of Economy and Finance, despite a deepening budgetary deficit. However, a great emphasis is being placed on attracting foreign direct investment…
