## Moroccan E-Commerce Booms, Reaching $2.2 Billion in 2023

**Government Initiatives Fuel Rapid Growth in Digital Economy**


Morocco's e-commerce sector surged to a record MAD 22 billion ($2.2 billion) in 2023, cementing its position as one of the country’s fastest-growing economic drivers.  

According to a recent update from the Ministry of Industry and Trade, online commerce is experiencing remarkable expansion at an average rate of [...]. This growth is fueled by government efforts to bolster regulations, enhance logistics infrastructure, and provide crucial support for small businesses venturing into the digital marketplace. 


The ministry emphasizes that these initiatives are designed to foster a thriving e-commerce ecosystem that benefits both consumers and businesses across Morocco.  


## Moroccan E-Commerce Booms, Reaching $2.2 Billion in 2023

**Government Initiatives Fuel Rapid Growth in Digital Economy**


Morocco's e-commerce sector surge

Morocco’s e-commerce sector reaches MAD 22 billion in 2023, 

Morocco’s e-commerce sector reaches MAD 22 billion in 2023, government expands support for digital trade

##  Morocco Emerges as African Powerhouse, AfDB President Declares

**King Mohammed VI's Leadership Fuels Transformative Momentum**

The Kingdom of Morocco is recognized as an "emerging power" in Africa due to its impressive performance and forward-thinking strategies, according to the President of the African Development Bank (AfDB), Akinwumi Adesina. 

In a statement, Adesina highlighted Morocco's strong transformative momentum, stating that the nation is experiencing a period of significant growth and development. He pointed specifically to [**Insert specific details from the original article about Morocco's performance and strategies here**].




##  Morocco Emerges as African Powerhouse, AfDB President Declares

**King Mohammed VI's Leadership Fuels Transformative Momentum**

The Kingdom of Morocco is r

AfDB Chief: Under King’s leadership, Morocco stands out as e

AfDB Chief: Under King’s leadership, Morocco stands out as emerging power in Africa

##  Morocco's Trade Deficit Widens Amid Auto Export Slump

**First-Half Figures Reveal 18.4% Increase in Deficit**


Morocco's trade deficit surged by a significant 18.4% year-on-year during the first half of 2025, reaching 161.8 billion dirhams ($17.8 billion), according to the latest foreign trade bulletin from the Office des Changes.  

This widening gap is primarily attributed to a slowdown in automotive exports, which have traditionally been key contributors alongside phosphate products to Morocco's economic output. 


 "The decline in auto exports has played a major role in the increase of the deficit," stated an official source.   


##  Morocco's Trade Deficit Widens Amid Auto Export Slump

**First-Half Figures Reveal 18.4% Increase in Deficit**


Morocco's trade deficit surged by a signifi

Morocco’s trade deficit widens 18.4% in first half of 2025 a

Morocco’s trade deficit widens 18.4% in first half of 2025 amid slump in auto exports

##  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. 




##  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

#Moroccan economy

Morocco’s e-commerce sector reaches MAD 22 billion in 2023, government expands support for digital trade

AfDB Chief: Under King’s leadership, Morocco stands out as emerging power in Africa

Morocco’s trade deficit widens 18.4% in first half of 2025 amid slump in auto exports

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