In 2020, tourism contributed 7% to Morocco’s GDP but since then, arrivals are still below the 2019 level due notably to the impacts of the coronavirus pandemic. To revive the sector, authorities are considering structural reforms.
Morocco will invest $580 million, by 2026, to revive its tourism sector, attract more visitors and boost foreign reserves. The announcement was made by the government last Friday.
Authorities plan to overhaul the sector's marketing plan, create more tourist attractions, modernize existing hotels and build new ones, and also train more tourist professionals. The announced reforms aim at attracting nearly 17.5 million visitors, creating 20,000 new direct and indirect jobs, and generating 120 billion dirhams [nearly $12 billion] by 2026.
Morocco is one of the most popular tourist destinations in North Africa. However, the coronavirus pandemic dealt a blow to its tourism industry. With the pandemic over, the government wants to take advantage of the country’s international exposure --following the 2022 World Cup and its recent bid to co-host the 2030 World Cup-- to promote the Moroccan destination.
According to the Ministry of Tourism, in 2022 the country attracted 11 million tourists, representing 84% of the number of visitors attracted in 2019. At the same time, tourist revenues reached 91.3 billion dirhams, which is 116% of the 79 billion dirhams it generated in 2019. In 2020, the industry contributed 7% to Morocco’s GDP.
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
South Africa will remove transmission control from Eskom and create a separate public grid operato...
DRC, UNOPS sign infrastructure cooperation memorandum in Kinshasa Agreement covers development, skills transfer, strategic coordination,...
MTC Namibia and Botswana Fibre Networks (BoFiNet) signed a memorandum of understanding to expand cross-border fibre connectivity. The partnership...
Egypt reached 9.1 GW of installed renewable capacity in fiscal Q2 2025/2026, up from 8.6 GW a year earlier. Solar and wind accounted for more than...
Supreme Court rules 6–3: IEEPA does not authorise the President to impose tariffs. Constitutional principle upheld: taxing power belongs exclusively to...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...
Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two...