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 aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Liberia and Ethiopia sign agreements on AI, science and technology cooperation. The partnership focuses on knowledge transfer and joint projects across...
Vitol will invest $130 million via Vivo Energy to expand fuel storage in Durban. The project aims to double capacity to 500,000 m³ and strengthen...
African finance ministers in Washington flagged a worsening economic outlook, with IMF projecting continental growth slipping from 4.5% in 2025 to 4.2%...
Thor Explorations plans to publish an optimized prefeasibility study incorporating new exploration results. The company targets a final investment...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...