Agadir – Bank of Africa has partnered with Morocco’s 40 Under 40 institution to launch a new series of digital webinars with the objective of motivating and encouraging the Moroccan talents around the world to invest in Morocco and contribute to its economic development.
The initiative began its first edition of the “Invest in Morocco Webinar,” which took place on March 16, gathering together participants under this editions’ theme of contributing to Morocco’s economy.
This aligned with the objective for mobilizing public and private actors, including Moroccans abroad, as part of the driving forces for development.
The organizers emphasized that Morocco’s diaspora is more than just an emotional connection to their country of origin. They are also a reservoir of skills, investment opportunities, and a bridge to connect Morocco to the world’s economic networks.
This initiative aims to “create concrete connections between talented Moroccans living abroad, entrepreneurs, institutions, and financial partners around real investment and growth opportunities in Morocco, sharing strategic decision keys & actionable experiences and highlighting the role of the ecosystem in entrepreneurial success,” Bank of Africa said.
The role of diaspora in supporting the economy
The diaspora plays a major role in Morocco’s economy.
Remittances from this community surpassed the $13.3 billion mark in 2025, marking a new milestone.
It is a vital component of the external balance of the country, and a significant factor in maintaining the economy’s overall stability.
Beyond supporting millions of households by covering essential needs, these funds have a larger macroeconomic role, including supporting foreign currency reserves and offsetting imbalances.
This contribution is especially important because remittances make up a significant share of Morocco’s GDP, placing the country among the world’s top recipients of remittance inflows.
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