Africa’s economic growth is expected to hit 3.9% in 2025, up from 3.3% in 2024, but still lower than previously projected, according to the African Development Bank (AfDB). In its latest African Economic Outlook report, released during its ongoing annual meeting in Côte d’Ivoire, the Bank downgraded its forecast by 0.2 percentage points, citing uncertainty […]
Morocco has become Africa’s top tourist destination with new record arrivals of 17.4 million tourists in 2024, the tourism ministry said. Arrivals were two years ahead of schedule or 20% higher compared with 2023, showing the country has turned the Covid-19 page thanks to major investments in its hospitality sector. Of all visitors, 51% were […]
Morocco’s thriving automotive industry continues to attract foreign investors and car parts markers looking for business and growth opportunities. Among these investors, Adient, the global leader in automotive seating, which has announced the opening of its first plant in the North African Kingdom. The plant, based in Kenitra, will expand Adient’s fabrics business, which designs […]
