(Ecofin Agency) - Over the first eight months of this year, the number of tourists visiting Morocco peaked sharply, and, consequently, the country had its tourism revenues rise.
Morocco earned 71.4 billion dirhams ($6.9 billion) from tourism in the first eight months of 2023, up 33% in the same period in 2022. This was disclosed by the Moroccan Ministry of Tourism, Handicrafts, and the Social and Solidarity Economy, in a press release issued on October 2.
The rise in tourism industry revenues was mainly due to the increase in the number of tourists during the period under review, added the same source.
Morocco received 10.2 million visitors between January 1 and August 31, 2023, 49% more than it did last year, over the same period.
Commenting on the figures, the Minister of Tourism, Fatim-Zahra Ammor declared: "These results reflect the considerable appeal of our tourist destination and the relevance of our actions in the air, as well as with tour operators in the main outbound markets."
"Despite the post-earthquake challenges, we remain optimistic about the year-end outlook. We are working closely with industry professionals to maintain operations and rapidly revive growth in the sector," she added.
The African Development Bank has approved a $304 million loan to Botswana to support the southe...
BRVM and Africa50 signed a deal to create new infrastructure financing tools The plan inclu...
The Economic Community of West African States (ECOWAS) parliamentarians met in Lomé from May 6 to 9,...
Nigeria’s audit industry grew 65% in 2024, reaching 28.2 billion naira ($14.4 million). KPMG, EY,...
Africa’s digital economy is growing rapidly, and the demand for data storage, processing power, and ...
• Senegal's fixed broadband subscribers grew from 177,363 to 747,163 between 2020 and 2024• Fibre now leads over FWA and ADSL in fixed connectivity, with...
• Vodacom aims to grow mobile financial service users from 88 million to 120 million• Vision 2030 strategy centers on expanding M-Pesa and VodaPay across...
• Benin and Qatar discuss plans for a direct air route to boost trade and tourism• Potential partnership with Qatar Airways may lead to new carrier,...
• Nigeria sees a rise in cocoa-related investments as global prices remain high• New projects aim to boost production and build large-scale plantations• A...
Marojejy National Park, located in northeastern Madagascar, is one of the island’s most pristine and spectacular natural treasures. Nestled in the Sava...
Located about 3 km (1.8 miles) off the coast of Dakar, Senegal’s capital, Gorée Island is one of the most emblematic historical sites in West Africa....