Morocco has emerged as Africa’s leading tourist destination, welcoming 17.4 million visitors in 2024, surpassing traditional powerhouses like Egypt, South Africa, and Tunisia. This achievement coincides with the United Nations Tourism Agency ‘s launch of a strategic investment initiative titled “Tourism Doing Business – Investing in Morocco.” According to official UN Tourism figures, tourism contributed […]
Morocco issued on Thursday an international bond worth 1 billion Euros, the finance ministry said, noting the success of the sovereign notes sales as demand hit €5.3 billion. The bond has a maturity of 12 years and an interest rate of 1.5% as Morocco tapped the international market at a very propitious time benefiting for […]
Morocco phosphates and fertilizers producer OCP posted a record revenue of 11.28 billion dollars in 2022, up 40%, thanks to high prices as well as industrial flexibility, commercial agility, and efforts to reduce production costs. “OCP was able to fully leverage the benefits of higher prices, while calibrating production to match the attendant lower volumes, […]
