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This paper was originally published on thebrenthurstfoundation.org
Situated at the northwest borders of the continent, between the Atlantic Ocean and the Mediterranean Sea, Morocco has established itself as a stable and dynamic economy and a gateway to Africa. A part of the Maghreb and Arab world, the country has for many decades embraced a policy of economic and financial openness, aiming to integrate its economy into global markets. According to the United Nations Conference on Trade and Development’s 2022 report, Morocco is one of the top three attractive destinations for foreign investment in Africa. It has around $72.9 billion in foreign investment, which is equivalent to about 55.5% of its economy, covering various sectors such as automotive, aero- space and textiles.
