Keywords: African economy


ITAF 2026 opens its doors in Casablanca to accelerate industrial transformation in Africa

Casablanca has been hosting the first African edition of Industrial Transformation Africa (ITAF) 2026 since September 29, a gathering dedicated to technologies reshaping the manufacturing industry. Organized at OFEC until October 1, the exhibition brings together industrialists, technology providers,......

Morocco maintains Africa’s strongest risk-reward balance for investment

Morocco has maintained one of Africa’s strongest investment profiles in the 2026 Africa Risk-Reward Index, combining assessed investment opportunities with a comparatively moderate level of risk. The latest edition of the index highlights the growing importance of economic resilience as African......

Guterres highlights Africa’s growing role as a global investment and growth hub

Africa is increasingly being positioned as an important destination for investment and economic expansion, as its natural resources, young population and growing technological sectors attract greater attention from international investors. United Nations Secretary-General António Guterres highlighted......

Morocco ranks first in Africa for investment freedom and 17th globally

Morocco has strengthened its position as an investment destination, ranking first in Africa and 17th worldwide in the 2026 Investment Freedom Index, according to the latest data compiled by The Global Economy based on assessments by the U.S.-based Heritage Foundation. Morocco scored 80 points out of......

Morocco becomes Africa’s third-largest millionaire hub as wealth growth accelerates

Morocco has strengthened its position among Africa’s leading wealth markets, ranking third on the continent by the number of millionaires, according to the 2026 Africa Wealth Report by New World Wealth. The report, which tracks private wealth across African markets, estimates that total liquid......

Morocco Ranks Among Highest Globally for Corporate Income Tax After Rate Rise to 35 Percent

Morocco has joined the ranks of nations with the highest corporate income tax rates worldwide after raising its statutory corporate tax rate by one percentage point to 35 percent, according to the latest Corporate Tax Statistics 2026 report published by the Organisation for Economic Co-operation and......

South African manufacturing confidence slips in June as demand weakens, Absa PMI shows

South Africa's manufacturing sector lost momentum in June as weaker customer demand led to a decline in new orders, according to the latest Absa Purchasing Managers' Index (PMI). While falling global oil prices helped improve expectations for the months ahead, overall business conditions in the......

Morocco’s services sector anticipates 41% growth in Q3 2025

Business leaders in Morocco’s non-financial market services sector predict robust growth for the third quarter of 2025, with 41% expecting increased activity and 37% forecasting stable conditions, according to a report by the High Commission for Planning (HCP). Promising growth across key industries The......

Morocco's emerging role shapes African economic resilience

A recent UN Trade and Development (UNCTAD) report highlights Morocco's strategic position in Africa's economic landscape while identifying key challenges and opportunities for growth. The 2024 Economic Development in Africa Report emphasizes how targeted reforms and investments could strengthen......