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Home » Economy » Morocco, ‘Popular Destination’ for Investments in Africa: South African Bank

Morocco, ‘Popular Destination’ for Investments in Africa: South African Bank

mwnbymwn
Sep, 28, 2016
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Morocco Named ‘Most Attractive in Africa for Investors’ by Ernst & Young

Morocco Named 'Most Attractive in Africa for Investors' by Ernst & Young

Johannesburg – Rand Merchant Bank (RMB), one of South Africa’s largest financial institutions, highlighted, on Wednesday, Morocco’s attractiveness to foreign investors, noting that the kingdom is “a popular destination” for investments in the African continent.

Morocco’s attractiveness is due to its strong and sustained economic growth, said RMB in the sixth edition of its guide “Where to invest in Africa”.

The South African financial institution mentioned other factors that reinforce Morocco’s position internationally in terms of investments, including a remarkable political stability in a region riddled with uncertainty, a favourable geographic position, developed infrastructure and a sound and strong legal and structural framework.

Thus, Morocco is among the top countries in terms of investments in Africa, along with South Africa and Egypt.

Globally, RBM noted that investment opportunities are still available in Africa, despite the difficult international situation, marked in particular by the decline in commodity prices.

Tags: Morocco investmentsMorocco’s Economy
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