Africa’s tourism sector is booming. With a growth rate of 5.6% in 2018, compared with the global average of 3.9%, the continent is home to the second-fasted expanding tourism industry in the world, after the Asia-Pacific region. Representing 8.5% of the continent’s GDP, tourism contributed a total of $194.2bn to African economies in 2018....
As policymakers and private stakeholders join forces to chart a new path for the tourism sector, more emphasis is likely to put on the development of niche offerings. Several of these have high-value potential and the ability to attract new segments of international travellers. Niche tourism is the base of the sector’s Vision 2020 plan, which...
Morocco has access to a significant volume of maritime resources. In 2019 the kingdom’s maritime fisheries sector had an output of close to 1.46m tonnes and was valued at nearly Dh11.7bn ($1.2bn), according to the Department of Maritime Fisheries (Département de la Pêche Maritime, DPM). Much of its development strategy has been based on the...
Agriculture remains a critical sector for the Moroccan economy. Given its major role in providing employment and disposable income, agriculture can impact the country’s annual GDP growth rates in a way that few other sectors can. The past decade has seen the implementation of the Green Morocco Plan (Plan Maroc Vert, PMV), which was launched in...
As one of the main pillars of Morocco’s National Pact for Industrial Emergence, the country’s offshoring sector has undergone a transformation thanks to infrastructure development and policies aimed at making the kingdom the preferred offshore destination in French-speaking Africa and beyond.
The ICT sector generates between 5% and 6% of GDP, of which telecommunications companies represent about half. However, technological developments coupled with strong political will and economic imperatives are pushing Morocco’s ICT sector growth beyond the telecommunications subsector. “Incorporating digital solutions in business operations...
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