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Moroccan Banks Operating in 22 African Countries (Financial Times)

Moroccan banks are operating now in 22 African countries and around 17 per cent of their foreign activity is on the continent, says Financial Times in a special report shedding lights on Morocco’s economic potentials. “These African countries represent a real growth potential given the level of banking penetration, which remains one of the weakest […]

Youth Should be Placed at Core of Development Projects, King

King Mohammed VI of Morocco has once again stressed the importance that should be granted to youths in any development project and underlined the need to improve the situation of young people who are the country’s genuine asset. “All stakeholders should take into account the societal changes occurring in Morocco and, as a result, place […]

IMF Chief impressed by economic progress in Morocco, a shining example of Africa’s greatest potential

The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]