馃嚥馃嚘MoroccoNorth Africa
Moroccan cultural and creative industries show strong growth dynamics, IFC-World Bank report finds
via Le Matin3 min read
A strategic analysis by the IFC-World Bank highlights the growth prospects and financing needs of Morocco's cultural and creative industries CCIs ahead of the 2030 FIFA World Cup, which Morocco will co-host. In 2022, CCIs represented 2.4% of Morocco's GDP, comparable to capital-intensive sectors like mining or logistics. The sector also contributes to economic inclusion, with women holding 34% of jobs and CCIs serving as a major driver for youth integration. Despite this potential, financing remains a structural barrier; in 2021, CCIs received less than 0.5% of total business credit in Morocco, and only 3% of creative businesses accessed external financing. The report identifies high-potential sub-sectors, including fashion and design 46% growth in 2023, events and live arts revenues more than doubled, heritage and cultural tourism +31%, and crafts +18%. The co-hosting of the 2030 World Cup is seen as a catalyst for internationalizing the sector and attracting new investments, particularly in audiovisuals. Key recommendations from the IFC include developing a national CCI strategy, expanding incubator networks and creative hubs, implementing intellectual property-backed financing mechanisms, and strengthening the legal and governance framework. The study also advises increased support for the financial structuring of creative businesses. David Tinel, IFC Regional Manager for the Maghreb, stated that Morocco's creative and cultural industries are emerging as dynamic growth eng
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by Le Matin.
Mr. Akhannouch, representing King Mohammed VI, offered condolences to the Emir of Qatar, His Highness Sheikh Tamim Bin Hamad Al-Thani, following the death of his father, His Highness Sheikh Hamad Bin Khalifa Al-Thani. During an audience at Lusail Palace, Mr. Akhannouch delivered a message of condolences and sympathy from the King. The Emir of Qatar expressed gratitude to King Mohammed VI and highlighted the strong personal ties and solid relations between Qatar and Morocco. The Moroccan delegation included the Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Mr. Nasser Bourita, and His Majesty the King's Ambassador to Qatar, Mr. Mohamed Setri. In his message, King Mohammed VI conveyed his deep sorrow over the loss and extended his sincerest condolences to His Highness, the princely family, and the Qatari people.
The Authenticity and Modernity Party PAM is preparing for the 2026 elections by strategically positioning women candidates in local constituencies. Samir Goudar, a member of PAM's political bureau and president of the Organization division, stated that the party will present six women candidates in six local constituencies. He also highlighted that three women elected in 2021 from regional lists will now run in local lists, leveraging their legislative experience from the 2021-2026 term. This move signals that regional lists are now seen as a stepping stone rather than a final destination. Key candidates include Fatima-Zahra Mansouri, PAM's national coordinator and president of the National Elections Commission, who will run in Sidi Youssef Ben Ali in Marrakech. Najwa Koukous, president of the national council, will be a candidate in Anfa, Casablanca. Bouchra Alwardi will run in Rommani, Kh茅misset province, while incumbent parliamentarian Imane Lamoui retains her candidacy for Ouarzazate. Ouiam Mhirchi was designated for Ouezzane, and Manal Badil, president of the Berrechid commune, is also among the local candidates. In parallel, PAM has reformed the process for designating candidates for regional women's lists, opening it to all female activists. An open call for applications for regional constituencies for the 2026 legislative elections was announced via the party's official electronic platform from June 22 to 28. A specialized commission will review applications and condu
The 14th congress of the Istiqlalian Youth, held under the theme "Empowerment now, towards a new social contract," focused on redefining the role, achievements, and limitations of the Istiqlal Youth organization. Nizar Baraka, Secretary General of the Istiqlal Party, urged the organization to critically assess its journey and adapt to societal changes. A national survey initiated on January 11, 2025, involving over 15,000 young people, revealed a disconnect between youth and political parties. Baraka emphasized the importance of youth engagement, stating, "We do not want a youth that remains a spectator of what is happening around it. We want a youth conscious of its responsibility towards the homeland, convinced that it can change the realities it experiences in its country." The survey results informed a roadmap for the party, prioritizing access to employment, healthcare, education, training, reducing regional inequalities, developing digital and AI skills, supporting youth initiatives, and increasing youth participation in public decision-making. Baraka highlighted that Moroccan youth possess competence, patriotism, and ambition, requiring genuine opportunities to contribute. He advocated for political and institutional action as the sole path to change, urging youth to engage with parties, institutions, and public decision-making bodies. Beyond youth issues, Baraka outlined five commitments adopted by the national council: protecting family and Moroccan values, defending