Tourism, a key sector of Morocco's economy, is on track for another record year due to a significant influx of foreign visitors and Moroccans living abroad.
In the first seven months of 2024, Morocco welcomed a record 10 million tourists, marking a 15% increase compared to the same period in 2023. This data was released on Monday, September 2, by the Ministry of Economy and Finance.
In July alone, Morocco saw 2.6 million visitors, a 20% rise from the previous year’s July.
In 2023, Morocco achieved a record 14.5 million tourists, pushing tourism revenue above $10 billion for the first time.
The government’s tourism development plan aims for 17.5 million visitors by 2026 and 26 million by 2030, when Morocco will co-host the World Cup with Spain and Portugal.
Tourism accounts for 7% of Morocco's GDP and is a crucial source of foreign currency.
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Mobile phones have become essential tools for work, education, payments and staying connected across...
MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...
Togo tax-to-GDP ratio at 13.1%, below regional 20% target New 2027–2029 budget framework aims to improve fiscal planning Government seeks...
Equity Bank proposes smartphone financing to boost digital adoption in DRC Low ownership persists, with only 8% of population using...
Lifezone Metals raises $25 million for African minerals projects Funds support Kabanga, Musongati exploration and US recycling...
Kenya ended COMESA sugar import caps after 24-year waiver Government still controls imports via licenses and tariff waivers Demand exceeds output,...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...