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.
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
The dominant narrative on the World Bank’s contribution through IDA and IBRD to Africa’s industrialization, particularly in sub-Saharan Africa, is...
Guinea explores local smartphone production, inspired by Kenya model Initiative aims to expand access and support digital sovereignty...
Senegal partners Wave to introduce mobile payments in public hospitals System aims to streamline payments, reduce cash use, and improve...
Ghana to build 1,200 MW gas-fired plant, groundbreaking by end 2026 Rising electricity demand drives expansion; peak consumption hits 4,300...
In the far north of Cameroon, near the Nigerian border, lies Rhumsiki, a destination that feels almost untouched by time. Set within the Mandara...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...