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Under HM the King’s Leadership, Morocco Establishes Itself as Emerging Economic Power – AfDB Pdt

Rabat - The major strides made by Morocco under the leadership of His Majesty King Mohammed VI have enabled the Kingdom to enhance its international attractiveness and establish itself as an emerging economic power, said African Development Bank (AfDB) President Akinwumi Adesina.

Thanks to its political stability and growing appeal, Morocco has succeeded in effectively mobilizing capital by diversifying its sources of financing, Adesina told MAP on the occasion of the celebration of the Throne Day. 

This positive momentum, he noted, has resulted in a significant increase in foreign direct investment (FDI), a sustained development of the capital markets, and greater reliance on international financing and public-private partnerships.

He further recalled that over the past two decades, Morocco’s gross domestic product (GDP) has doubled, alongside the development of world-class infrastructure that reflects the Kingdom’s bold ambitions.

In this regard, he cited landmark projects such as the Noor Ouarzazate solar complex, one of the largest in the world, the strategic ports of Tanger Med and Nador West Med, both major intercontinental maritime hubs, as well as Africa’s only high-speed rail line. These achievements, he said, illustrate Morocco’s emerging trajectory.

Adesina also emphasized that substantial investments have been strategically directed toward high-potential sectors such as the automotive industry, digital economy, and renewable energy. These efforts have contributed to boosting the competitiveness of Moroccan companies, accelerating the diversification of national production, and multiplying the levers for sustainable growth across the Kingdom.

Editorial team/le7tv

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