Morocco may no longer issue an international bond as was planned earlier this year amid deep uncertainty and market volatility, finance minister Nadia Fettah Alaoui said. The government expects its financing needs to grow to 60 billion dirhams ($5.5 bln) next year compared with some 45 billion dirhams this year. “We will try to strike […]
Morocco’s tourist arrivals are expected to reach 16.8 million in 2024 against the 14.5 million recorded in 2023, says Fitch Solutions Company in its latest business monitoring report. The strong growth will be driven by increasing arrivals from key source markets such as France, Spain and Belgium. France is expected to be Morocco’s largest arrivals […]
Luxury tourism in Africa is often promoted as a high-value, low-impact development model, while its actual benefits to local communities are minimal, a new study from the University of Manchester found. The study, published in the African Studies Review, raises serious concerns about the long-term sustainability and equity of luxury tourism strategies across Africa. In […]
