Banque africaine de développement, Banque européenne d’investissement, Banque européenne de reconstruction et de développement
The objective of this diagnostic survey on Morocco is to determine the key challenges and prospects for promoting private sector development and investment in Morocco. As part of this collaboration, the AfDB, the EIB and the EBRD relied on the work group in charge of country diagnostic surveys. This working group helps international financial institutions (IFIs) and development finance institutions (DFIs) to exchange views and expertise.
Like many countries in Africa and the rest of the world, Morocco suffered a recession in 2020 due to the Covid-19 pandemic. Further private sector development could promote inclusion and increase employment rates. Over the past twenty years, the Moroccan economy has benefited from a relatively stable political and macroeconomic environment. However, several obstacles stand in the way of more inclusive and sustainable growth. This situation impelled King Mohammed VI to set up an advisory committee on the conception of a new development model. Access to financing is a major obstacle for private investors, regardless of their size. Private investment can grow in Morocco if it takes advantage of the opportunities offered by greater participation in global value chains and even more integration in sub-Saharan Africa.
