Africa Economy

Since 2000, half of the world’s fastest growing economies have been in Africa, and 21 out of 30 of the world’s fastest-growing cities are now in Africa. Due to an expanding middle class, Africa’s potential has been increasingly attractive for both African and international investors alike, with GDP growth on the continent expected to average 4...

Fez-Meknes is one of Morocco’s most important manufacturing centres: the region is the site of 653 industrial units, equal to 8% of the national total, and the sector employs 26,300 people, or 5% of the national workforce. The regional sector has grown significantly since the end of the 20th century, and the region has become home to a large...

Although agriculture, tourism and industry are all well-established sectors in the region and retain significant potential to function as motors for economy-wide growth, the region also has the opportunity to reinvent itself and expand through the entrenchment of new business activities, such as offshoring, ICT and renewable energy production...

Boasting a dynamic and diversified economy, the Fez-Meknes region contributed 9.4% to Morocco’s national GDP in 2018, fourth by economic output behind the Casablanca-Settat, Rabat-Salé-Kenitra and Tanger-Tetouan-Al Hoceima regions. Established in 2015 as one of 12 distinct administrative areas through the territorial reorganisation mandated by...

Agriculture is the most important economic sector by contribution to GDP for both Morocco as a whole and for the Fez-Meknes region, where farming represents half of economic activity by value. The region boasts a variety of agricultural resources, including a large head of livestock, a diverse crop base and 1.34m ha of arable land, 14% of...

The Fez-Meknes region is home to more than 40 historic sites – including three UNESCO World Heritage sites – and tourism is an important driver of growth.