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Morocco's Economy

Morocco's Africa Strategy

How Morocco rejoined the African Union in 2017 and expanded its banks, telecoms and fertiliser firms into sub-Saharan Africa.

Morocco looks south to Africa.

African Union

Morocco rejoined the African Union in 2017.

Banks

Moroccan banks like Attijariwafa and Bank of Africa expanded across West and Central Africa.

Telecoms

Maroc Telecom operates in several African countries.

Casablanca Finance City

A financial hub attracting firms to serve Africa.

Royal Air Maroc connects Africa and Europe through Casablanca.

Pipeline

A proposed Nigeria-Morocco gas pipeline would link West Africa to Europe.

The branch in Senegal

A Moroccan bank branch in Dakar serves local businesses, part of Morocco's push into Africa.

Thinking Morocco only looks to Europe

It invests heavily in Africa.

Key takeaways
  • Morocco rejoined the AU in 2017.
  • Moroccan banks expanded across Africa.
  • Casablanca Finance City is a hub.
  • A gas pipeline to Nigeria is proposed.
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