Morocco Solidifies Its Position as a Model of Economic Stability in Africa
Morocco is undergoing profound economic and political transformations that have established it as one of the most stable and attractive investment destinations in Africa. This assertion was confirmed by the Spanish newspaper “La Vanguardia” in its Sunday edition, highlighting that the kingdom is among the safest African countries in terms of political and economic climate, thanks to the rapid modernization and stability of its economy.
The newspaper noted a growing interest from Spanish companies, particularly those from Catalonia, in the opportunities Morocco offers in several vital sectors, either through direct investment or long-term industrial partnerships. This evaluation followed an economic mission organized by the “Harvard” group in Marrakech, which included various economic actors and Spanish experts who observed the advanced dynamics of the Moroccan economy in areas such as infrastructure, transportation and logistics, renewable energies, pharmaceuticals, automotive industry, and tourism.
The paper also praised the robustness of Morocco’s macroeconomic indicators, exemplified by effective control of inflation rates, stability of the dirham exchange rate, and a wide network of free trade agreements that allow the kingdom access to more than 2.5 billion consumers worldwide. This solid framework is considered one of the core pillars attracting the attention of international investors and positioning Morocco as a regional business hub.
Participants in this visit highlighted Marrakech’s distinctive touristic character, which has successfully melded global quality standards while preserving its cultural authenticity, making it a preferred destination for an increasing number of tourists seeking a comprehensive and sustainable travel experience.
The economic mission concluded with a series of recommendations urging deeper economic cooperation between Morocco and Spain, in light of the complementary resources between the two countries, geographical proximity, and converging strategic visions regarding the development of the Euro-Mediterranean and African spaces. Given these indicators, Morocco is no longer seen merely as a model of economic stability in Africa from an analytical perspective; it has become a recognized reality on both regional and international levels.