Morocco

Displaying 157 - 162 of 476

 

With successive governments expanding the role that the ICT industry can play in economic development, Morocco’s efforts to develop the sector have produced noticeable results. Growing ICT and telecoms usage and a domestic cluster of offshoring firms have allowed the sector to create employment and make a larger contribution to exports....

 

Importing the vast majority of its energy, Morocco continues to rely heavily on fossil fuel-based imports. In recent years, the kingdom has made concerted efforts to reduce its energy dependence, implementing renewable energy projects, and introducing an oil and gas exploration programme. It has devised a new and ambitious energy strategy,...

 

Improved connectivity is a key pillar of Morocco’s economic development strategy. Internally, better road and rail links can improve the business environment by reducing transport costs and spreading economic development nationwide. Upgrades will prove particularly effective in bringing investment to more isolated regions. Externally, the...

 

Faced with a downturn in visitors from traditional source markets located in Europe, in 2015 the Moroccan government adopted a series of measures aimed at diversifying its source markets, which included the creation of air connections to new destinations and the rollout of targeted travel promotion initiatives.

 

Following over a decade of high growth rates in the wake of liberalisation efforts in the late 1990s, Morocco’s telecoms sector is currently experiencing a slower rate of expansion. As operators and mobile users adopt new forms of mobile communication, the kingdom’s market is progressively moving away from the traditional voice-based business...

 

Contributing 8.1% to GDP and accounting for 7.1% of total employment in 2016, tourism evidently holds an important place in Morocco’s economy, even though the sector has faced some challenging times. This has largely been due to difficult external environments dampening travel from traditional source markets, though there is evidence that the...

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