A 2012 World Bank report suggested that as much as one-fifth of private sector employment in Morocco comes from small and medium-sized enterprises (SMEs), while the African Development Bank reported in 2014 that SMEs provide roughly half of the industrial sector’s employment and nearly 40% of its turnover.
Although affected by a trading slowdown in recent years, indicators in the second half of 2014 have displayed some signs of recovery in Morocco’s industrial sector. According to preliminary data released by the High Planning Commission (Haut Commissariat au Plan, HCP), the sector’s value added, excluding oil, refining increased from 0.8% in...
The Moroccan aeronautical industry has made significant strides over the past decade, with its industrial base growing from around 10 companies to over 100 today. The sector generated $1bn in turnover in 2013 and was the main source of employment for 10,000 people. Aeronautics exports accounted for 6% of total exports in 2013, up from 0.5% a...
Per capita consumption of medicines in Morocco is low, with annual spending per citizen hovering around Dh400-500 (€44-54) compared to €61 in Algeria and €98 globally. This gap is due in large part to the high cost of medicine compared to average incomes. Authorities have worked to broaden health insurance coverage, as well as to implement a...
While mining activities in Morocco have for the largest part traditionally centred on phosphates, a new mining code adopted by the legislature in February 2015 is expected to develop the country’s resource portfolio. This will in turn revive activity in a number of underdeveloped segments once it has been voted into law. Morocco is host to...
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