With steady GDP growth and consistently low inflation, Morocco’s economic performance has both diversified and strengthened in recent years on the back of growth in the secondary and tertiary sectors, as the government has been channelling capital into productive industries such as manufacturing, finance and telecoms. As an energy importer, the kingdom is benefitting from lower international...
Africa Economy
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Chapter | Country Profile from The Report: Morocco 2015
Situated on the western tip of North Africa, Morocco – also known by its ancient name Al Maghreb, meaning “the West” in Arabic – contains a mix of indigenous Berber, Arab, African and European influences. Most of its 33m people live near the northern plains and cities along the Atlantic coast and speak Arabic, French or one of the varieties of Berber. As the region’s only monarchy, the kingdom...
Benefitting from strong ties to both Europe and the Arab world, Morocco has the right ingredients for future growth: low inflation, political stability, an industrial base and a favourable climate. With the outlook improving for Morocco’s trade partners and the lower price of oil – of which the country is a net importer – most observers expect growth to be even stronger in 2015, with estimates ranging from 4.4% to 5.0%.
Economic update | Le Gabon envisage la diversification pour faire face à sa note de crédit négative
31 Aug 2015
Le maintien des prix du pétrole à un niveau faible a donné lieu à une baisse de la note de crédit du Gabon. Cependant le Gouvernement gabonais continue de prendre des mesures afin d'améliorer ses finances publiques et renforcer ses amortisseurs économiques.
Economic update | Un léger ralentissement en Côte d’Ivoire à l'approche des élections présidentielles
26 Aug 2015
Les pressions extérieures, aggravées par l'incertitude créée par les élections présidentielles prévues pour le mois d'octobre, ont engendré une légère baisse dans les prévisions de croissance de l'économie ivoirienne, avec une stabilisation de la forte reprise du marché depuis ces dernières années.
Economic update | Kenya plans spending boost
19 Aug 2015
Announced in June and effective from July, a KSh2.1trn ($20.5bn) budget marks Kenya’s largest to date, with planned expenditure up by about 18% on funds allocated in the previous fiscal year.