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The Report: Morocco 2019: Transport & Logistics
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Large public investment in Morocco’s physical infrastructure in recent years has contributed to the expansion of domestic transport and logistics. The construction of 1800 km of new expressways, expansion of the rail network, and development of logistics and industrial zones has led to a sharp increase in the number of active companies in transport and logistics. Currently, the sector directly contributes…
Chapter

The Report: Morocco 2019: Energy
OBG
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Lacking the hydrocarbons reserves of some of its neighbours, Morocco has had to rely on imports of fossil fuels to develop its economy. This has left the country exposed to fluctuations in global energy prices and has impacted the kingdom’s budgetary position. However, the country has taken measures to reduce dependence on energy imports. Over the last several years the kingdom has been able to…
Chapter

The Report: Morocco 2019: Industry & Retail
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Between 1985 and 2016 industry contributed an average of about 19% to GDP, and in 2017 this increased, raising the sector’s contribution to around 25% of GDP. The country’s industrial offering is diverse and includes products in the automotive, electronics, textile, offshoring, pharmaceuticals, aerospace, chemicals and electronics segments. The sector will continue to play an integral role in Morocco’s…
Chapter

The Report: Morocco 2019: Insurance
OBG
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Building on several years of sustained growth, Morocco’s insurance sector is implementing a series of significant reforms that appear set to boost future expansion. New rules have changed key aspects of insurance distribution and established a range of new compulsory products that are set to boost the overall issuance of premiums. In addition, these reforms are expected to expand the country’s…
Chapter

The Report: Morocco 2019: Capital Markets
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Economic progress and the country’s natural position as an investment bridge between Europe and Africa have allowed Morocco to establish one of the continent’s largest and most sophisticated capital markets. Despite its advantages, however, the Casablanca Stock Exchange has been affected by low levels of liquidity, a scarcity of new listings and an overall lukewarm performance. One significant…
Chapter

The Report: Morocco 2019: Banking
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In hand with sustained economic growth in recent decades, Morocco has been able to establish one of the region’s most competitive and sophisticated banking sectors. This has translated into significant penetration levels for banking services, a wide array of products and a handful of large-scale banking players with international reach across the continent. Despite the years of development, however,…
Chapter

The Report: Morocco 2019: Economy
OBG
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While 2018 marked a deceleration from the economic growth of 2017, Morocco’s overall picture continues to look stable: the IMF forecast GDP growth of 3.2% for 2018, a substantial figure, and projected growth of 3.2% for 2019. A number of key developments are expected to support economic growth in coming years. A rapidly improving business environment and infrastructural base, the gradual liberalisation…
Chapter

The Report: Morocco 2019: Country Profile
OBG
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Morocco is the 25th-largest country in Africa and has a geographic area of 446,550 sq km. The country’s political capital is Rabat, but the largest city by far, as well as the business and economic capital, is Casablanca, located 85 km from Rabat. The current king, Mohammed VI, came to power in 1999. The country has seen substantial socio-economic changes during the current king’s reign, including…
Economic News

Le Maroc se tourne vers le bio pour développer son secteur agricole
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In English Le Maroc s’emploie actuellement à accroître la visibilité de son agriculture biologique au sein du royaume comme à l’étranger dans un contexte de demande en hausse, le développement du secteur étant en outre perçu par les responsables politiques comme un bon moyen de doper la valeur ajoutée agricole. En décembre dernier, une conférence tenue à Rabat et organisée par…