Morocco

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How can broadband penetration be improved in rural zones and among low-income families?

Working to position its commercial capital, Casablanca, as financial centre for investors eyeing the African continent, Morocco has been drawing support from the City in London, Singapore and Luxembourg. Casablanca is now using its strategic location, near Europe and at the tip of Africa, to try to become a regional financial centre at a time when...

In what ways are developments in the banking sector helping to facilitate economic growth?

Estimated to be the second largest on the African continent after South Africa, Morocco’s pharmaceuticals sector is highly developed relative to many of its African neighbours. Currently, there are 32 pharmaceuticals plants present in the country, producing 293m units of drugs in 2011.

Over the past decade, Morocco’s insurance market has seen rapid growth and now represents the second-largest market on the continent after South Africa, and the third largest in the Arab world after Saudi Arabia and the UAE. The domestic penetration rate, or total premiums as a percentage of GDP, is around 2.8%, up from 2.3% in 2010, and several new...

As seen in many emerging markets around the world, Morocco’s small and medium-sized enterprises (SMEs) play an important role in the national economy. Although they account for nearly half of employment and over 30% of GDP, the country’s SMEs often suffer from poor access to finance; currently receiving just under a third of total credit. SMEs’...

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