馃嚥馃嚘MoroccoNorth Africa
IFC develops roadmap to support tourism investment in Morocco
via Le Matin2 min read
The International Finance Corporation IFC, a member of the World Bank Group, is developing a roadmap for tourism investment in Morocco. This initiative aims to support the IFC's engagement in the sector by identifying investment opportunities, constraints to private sector participation, and levers to mobilize capital for the Kingdom's tourism development. The structured approach will inform investment decisions and strengthen conditions for private capital mobilization, aligning with Morocco's tourism growth ambitions and sustainable development priorities. The mission includes a comprehensive diagnostic of the Moroccan tourism market and ecosystem, encompassing stakeholder mapping, market analysis, competitive benchmarking, and a review of the national tourism strategy. Based on this analysis, investment opportunities will be identified and prioritized by product, sub-segment, and destination, with in-depth value chain and gap analyses for priority opportunities. The project emphasizes private sector participation, project bankability, job creation, sustainability, and climate resilience. It will evaluate climate-smart investment opportunities, green financing mechanisms, skill and training needs, SME participation, and local supply chain development. Improving the business environment is also a key analytical area. The IFC has issued a call for expressions of interest to recruit a consulting firm for this mission. Expertise sought includes tourism investment, destination d
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Morocco is ranked 72nd out of 120 countries in the "Energy Transition Index 2026" report by the World Economic Forum, with a score of 54.5 out of 100. This places the country below the global average score of 57.3. The index evaluates the overall performance of energy systems and their capacity for a sustainable transition, considering factors beyond just clean energy production, such as robust networks, stable regulatory frameworks, sufficient funding, supply security, and skilled personnel. The index uses 44 indicators across two main areas: current energy system performance 60% of the score, which includes energy access, cost, supply security, and environmental sustainability; and transition readiness 40% of the score, which assesses regulatory frameworks, political commitment, infrastructure, financing, innovation, training, and human capital. Morocco scored 58.4 for current performance but only 48.6 for transition readiness, indicating a need to strengthen the foundations for accelerating its transition. Within Africa, Morocco is 5th among the countries covered by the index, behind Namibia, Tunisia, Gabon, and South Africa. Globally, Sweden leads the ranking for the third consecutive year, followed by Finland and Denmark. The report also notes a global slowdown in energy transition in 2026, with the average global score increasing by only 0.03%, and transition readiness declining for the first time in over a decade. This slowdown is attributed to geopolitical tensions, f
The Executive Bureau of the Democratic Confederation of Labor CDT met on June 17 in Casablanca and announced a national protest march for Sunday, June 28, in Casablanca. This decision marks a new phase of union action, driven by concerns over the rising cost of living, declining purchasing power, and increasing social tensions. The CDT criticizes the government for imposing the burden of the crisis on employees and the working class, and for managing social dialogue through "imposition and manipulation" rather than through institutional mechanisms that could lead to concerted solutions. The union asserts that the government has failed to address workers' "just and legitimate" demands and has undermined the prospect of a new social landscape based on equity, dignity, and social and territorial justice. The CDT aims to pressure for the implementation of existing agreements, improved living conditions for workers, an end to attacks on union freedoms, and the initiation of a comprehensive dialogue with representative organizations, particularly regarding the proposed law on the right to strike. The march seeks a general increase in wages and pensions, protection of incomes against inflation, adherence to previous social commitments, and the defense of union freedoms and the right to strike. The CDT also calls for safeguarding pension benefits and creating employment opportunities for young people. The union urges the government to fulfill its political and social responsibilities
Must ReadThe ongoing debate in Brussels regarding the future of the European automotive industry directly impacts Morocco. While seemingly an internal EU discussion aimed at protecting its manufacturers and value chains from China's rise, Morocco is central to this reordering. Its geographical proximity to Europe, integration into Renault and Stellantis production chains, and Chinese investments in batteries and electric components expose it to European decisions. Adil Zaidi, president of the Automotive Federation of the General Confederation of Moroccan Enterprises CGEM, views this not as an immediate threat but as a shift from "happy globalization" to a "globalization of resilience," driven by successive crises. Europe's new strategy focuses on shortening supply chains and strengthening industrial autonomy, which has elevated Morocco's importance as a reliable, close production platform. Zaidi emphasizes that Morocco is no longer just a subcontracting hub but a recognized industrial platform with an installed capacity of over 900,000 vehicles, aiming for one million units soon. He argues that Morocco acts as an industrial buffer for Europe, offering competitive production costs that support European factories. This complementarity explains why major European manufacturers like Renault and Stellantis advocate for less rigid local content rules, proposing a 70% European content threshold, leaving 30% for partner countries like Morocco. Morocco seeks recognition of its local content as