Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

Morocco sees surge in FDI in Q1 2024, positive outlook ahead

Wednesday, 08 May 2024 10:38
Morocco sees surge in FDI in Q1 2024, positive outlook ahead

(Ecofin Agency) - Morocco attracted MAD5.8 billion dirhams (around $580 million) in foreign direct investment (FDI) in the first quarter of 2024, marking a 56.2% increase compared to the same period in 2023. Figures were reported last week by the Moroccan Exchange Office.

The latter revealed that this upward trend is expected to continue in the coming months as numerous investment agreements signed in recent months materialize. The source also noted that officially, travel receipts reached MAD23.7 billion ($2.36 billion) between January 1 and March 31, 2024, compared to MAD24.9 billion during the same period in 2023, representing a 5.1% decline.

Meanwhile, remittances from Moroccans living abroad (MRE) stood at MAD27.4 billion ($2.73 billion) during the first three months of the current year, almost the same during the same period the previous year.

Additional Info

  • communiques: Non
  • couleur: N/A



ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11


Benjamin FLAUX
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72


Please publish modules in offcanvas position.