Business Emerging Markets Features Headlines Maghreb Morocco

Morocco Building Commercial & Financial Hub Linking Africa & Europe (U.S. Consulting Firm)

Morocco is busy working to establish itself as a commercial and financial hub linking Africa and Europe, says American Consulting firm Kearney in its latest “Global Retail Development Index” report. Morocco’s economy is on the path to recovery, supported by an uptick in household consumption, export demand, and governmental policies, adds the GRDI research report […]

Finance Headlines Morocco

Currency Reform, Morocco’s Path to Become North Africa’s Financial Hub

Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]

Asia Business Headlines International Morocco

Morocco Eyes More Japanese Investment

Japanese companies operating in Morocco have quadrupled in recent years in light of the investments opportunities offered by Morocco, notably in the sectors of car making and electronics, said Japan’s Parliamentary Vice-Minister for Foreign Affairs Shunsuke TAKEI, who is leading a Japanese business delegation on a visit to Morocco. “Japanese enterprises can contribute to the […]