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AfDB forecasts 1.8% growth in Morocco in 2022

Economic growth is expected to stand at 1.8% in 2022 and 3.3% in 2023, despite the recovery in exports and a partial return of tourists, forecasts the African Development Bank (AfDB). “This development, below its average for 2015-19, is explained by the rise in commodity prices and the delay in …

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Smurfit Kappa sets up its first factory in Morocco

Smurfit Kappa, one of the world’s leading paper packaging players, has announced plans to build its very first factory in Africa, in Morocco, to invest 35 million euros, its first investment in Africa. Located in the region of Rabat, Morocco, the 25,000 m² corrugated cardboard manufacturing plant will provide innovative …

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Tourism receipts up 80% in Morocco

Tourism receipts are established at 9.7 billion dirhams at the end of March, up 80% compared to the same period last year. This improvement observed since the resumption of international flights continues, indicates the Minister of Tourism Fatim-Zahra Ammor, questioned by parliamentarians on “the measures taken in favor of the …

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