Morocco merges as North Africa’s second-largest FDI magnet in 2024

Morocco Soars to Second Place for Foreign Investment in North Africa

Kingdom Attracts $1.64 Billion, Marking a 55% Surge in FDI

Morocco has emerged as a major hub for foreign direct investment (FDI) in North Africa. The kingdom attracted $1.64 billion in FDI last year, a remarkable 55% increase from 2023, according to the United Nations Conference on Trade and Development's (UNCTAD) latest World Investment Report. This impressive performance propelled Morocco to the 13th spot continent-wide, solidifying its position as the second leading destination for FDI in North Africa.

Egypt secured the top spot in the regional ranking despite a significant decline in investment compared to the previous year.