Morocco is advancing with its regionalisation plans, with the goal of enhancing the transfer of critical development funds to the less-developed regions of the kingdom in order to curb economic and social inequalities. Over the past two decades the kingdom has seen a strong level of economic development that has allowed it to diversify its...
After registering an average expansion of 4.4% between 2000 and 2017, GDP growth slowed to 3% in 2018 and an estimated 2.6% in 2019, due to a 4% drop in the value added generated by the agriculture sector. Nevertheless, local business sentiment remains robust, with 78% of respondents to OBG’s fourth Morocco CEO Survey saying they have positive...
As the benefits of Morocco’s long-term development plans have become evident, through sustained GDP growth rates and an increasingly liberalised economy, passing on those benefits to the country’s small and medium-sized enterprises (SMEs) has at times eluded policymakers. Although SMEs account for approximately 95% of all companies in the...
Morocco has identified the reduction of social inequality as a key political priority, setting in motion a series of related reforms that are expected to gain traction in the coming years. July 2019 marked the 20th anniversary of King Mohammed VI's ascension to the throne. In a commemorative speech, he called for the creation of a commission...
Much of Morocco’s economy is made up of small and medium-sized enterprises (SMEs), which employ 80% of the workforce, but often have little capacity for investment and face challenges accessing initial financing – in particular for innovative business plans. Despite these challenges, several factors bode well for the development of the country...
The quick adoption of mobile communication services in Morocco has been supported by the deployment of 4G services across the country, allowing for the provision of high-quality services and setting the stage for the transition from a telecoms sector dominated by voice to data. Since it was first launched in the kingdom in 2015, the 4G network...
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