Over the past decade, Morocco has endeavoured to strengthen and diversify its economic foundations, introducing a variety of strategic initiatives such as the Green Morocco Plan and the Industrial Acceleration Plan, and working to improve its business climate. The country ranked 53rd out of 190 countries in the World Bank’s “Doing Business...
Morocco is often described as the gateway to Africa, an apt description given its proximity to Europe and its geographic location at the north-eastern tip of the continent. At its narrowest, 13 km of the Strait of Gibraltar separates Point Cires in Morocco from Point Marroquí in Spain. The country is neighboured by Algeria to the east and...
Although trade flows among African states remain below their potential, an ambitious project is under way to accelerate economic integration and significantly expand intra-continental trade. Spearheaded by the African Union (AU), the African Continental Free Trade Area (AfCFTA) agreement was signed in March 2018 and aims to substantially...
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