Morocco’s investments abroad hit record levels in 2021

Morocco’s direct investments abroad recorded in 2021 the highest level over the past five years, reaching 17.9 billion dirhams. According to the latest data of the exchange office, this figure represents an increase of 10.17 billion dirhams compared to 2020, when these investments amounted to 7.7 billion dirhams. In 2019, Morocco’s investments abroad amounted to […]

Nearly 32,000 Moroccans abroad wait to return home

The number of Moroccan nationals stranded abroad rose to 31,800 people who are still waiting for a governmental decision to be repatriated to the homeland, head of the government Saad Eddine El Othmani said, promising their return without giving a specific date. He spoke vaguely about ministerial departments preparing for their return at a time […]

African Nations Make Waves in Global Service Exports

Imagine booking a safari in Kenya, outsourcing IT work to Egypt, or enjoying a Moroccan-designed app on your phone. Sounds like a typical day in our interconnected world, right? Well, it’s more significant than you might think. In a surprising turn of events, three African countries have muscled their way into the world’s top 40 […]