Looking to diversify trade relations outside its traditional area of focus, Morocco has taken steps to deepen its relationship with the continent in general. Moroccan trade with Africa was worth Dh37.3bn (€3.35bn) in 2017, according to latest full year data from the Office des Changes, equivalent to 5.4% of the value of the kingdom’s total...
While 2018 marked a deceleration from the...
Morocco is the 25th-largest country in Africa and has a geographic area of 446,550 sq km. The country’s political capital is Rabat, but the largest city by far, as well as the business and economic capital, is Casablanca, located 85 km from Rabat. The current king, Mohammed VI, came to power in 1999. The country has seen substantial socio-economic changes during the current king’s reign,...
A number of key developments in the country are expected to support economic growth in the coming years. A rapidly improving business environment and infrastructural base, the gradual liberalisation of the local currency and increased investment into export-oriented industries are all set to raise living standards and drive the emergence of a large national middle class.
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