TAG: Morocco
While the most recent economic results show a deceleration from 2017, Morocco’s overall picture continues to look stable: the central bank expects the country to end 2018 with 3.5% growth, a substantial figure, though down from 4.1% last year. Sentiment also remains strong among the country’s business leaders, as indicated by our latest OBG Business Barometer: Morocco CEO Survey. Of the 106 CEOs we surveyed, almost three-quarters have positive or very positive expectations of local business conditions in the coming 12 months. Aside from non-agricultural activities, CEOs expect industrial acceleration to primarily stem from automotives.
Africa has undergone significant changes since the turn of the century thanks to structural and policy reforms, promises to unlock the continent’s economic fortunes and higher levels of foreign investment.
