Rabat - Morocco has been named "The Most Attractive Country in Africa for Investors" by Ernst & Young.
Rabat – Morocco has been named “The Most Attractive Country in Africa for Investors” by Ernst & Young.
In its 2017 Attraction Barometer, the professional services firm put Morocco in first place, beating out South Africa and Kenya with its political stability and steady economic growth.
Ernst & Young index rates countries based on their Foreign Direct Investment (FDI) as well as the “resilience of each country to macroeconomic pressures, progress made in long-term multifaceted areas such as governance, diversification of the economy, infrastructure, commerce, and human development,” writes the American Chamber of Commerce in Morocco (AmCham).
The kingdom took second place in 2016, which AmCham notes is proof of Morocco’s position as a “thriving emerging market capitalizing on the benefits of international trade and global synergies.”