logo
Morocco Welcomes 7.2 Million Tourists in First Five Months of 2025

Morocco Welcomes 7.2 Million Tourists in First Five Months of 2025

Morocco World9 hours ago

Rabat – Morocco has welcomed a new record of 7.2 million tourists during the first five months of 2025.
A statement from Morocco's Ministry of Tourism has said the number marks a 22% increase compared to the same period last year.
The number represents an increase of 1.3 million tourists and a remarkable 68% growth compared to 2019.
The ministry celebrated the momentum, noting that the data confirms the upward trend that started in 2024. The results also confirm Morocco's position on the global tourism roadmap, the statement added, noting that the growth strengthens the country's standing as a leading international travel destination.
The ministry emphasized that the results reaffirm Morocco's trajectory toward its goal of attracting 26 million tourists by 2030.
The tourism sector is among the key sectors contributing to Morocco's economy.
In February, the Exchange Office said travel revenues amounted to MAD 112.5 billion ($11.1 billion) last year, showing a growth of 7.5% compared to a year earlier.
Travel expenditures, meanwhile, reached MAD 29.36 billion ($2.9 billion), showing an increase of 22.9% year-on-year increase.
In 2024, Morocco welcomed 17.4 million tourists, with arrivals representing a 20% increase compared to 2023. The data is unprecedented in Morocco and has exceeded the target set by the country for 2026.
The number of arrivals also made Morocco the most-visited country in all of Africa.
'Over the five years, Morocco has averaged USD 3.5 billion in FDI annually across all sectors,' UN Tourism said recently, noting that $2.2 billion was allocated to the sector between 2014 and 2023. Tags: ecotourism in moroccotourists in morocco

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

IFC to Support Maroc Telecom Subsidiaries in Chad, Mali with €370 million in Loans
IFC to Support Maroc Telecom Subsidiaries in Chad, Mali with €370 million in Loans

Morocco World

time6 hours ago

  • Morocco World

IFC to Support Maroc Telecom Subsidiaries in Chad, Mali with €370 million in Loans

Rabat – The International Finance Corporation (IFC) announced on Thursday a partnership with Maroc Telecom to support its subsidiaries in Chad and Mali through a two-loan program of €370 million. A statement from IFC said the partnership seeks to improve mobile connectivity and the quality of mobile internet, supporting the rollout of 4 services and expanding internet reach to more people and businesses across Chad and Mali. Mohamed Benchaaboun, CEO of Maroc Telecom, commented on the long-term partnership with IFC, noting that it will provide further opportunities to enhance their portfolio of offers and services like Mobile Money. 'With over 57 million customers outside of Morocco, Maroc Telecom provides all telecom services, from fixed line to mobile, and broadband data access,' IFC quoted Benchaaboun as saying in the statement, noting that IAM's operations recognize the importance of mobile data in accessing the internet. '4G services are helping to reduce the digital divide,' he said, adding that the partnership aims to contribute to boosting the two countries' development. Makhtar Diop, IFC Managing Director, also commented on the partnership, noting that similar support for companies like Maroc Telecom is a strategic priority for IFC, especially in conflict-affected areas. 'By mobilizing private capital to expand digital infrastructure, we're unlocking opportunities for innovation, skills development, and job creation across Africa- fully aligned with the continent's priorities,' he said. The partnership also aligns with the African Union's ambition to build a secure single digital market in Africa by 230. Maroc Telecom is one of the leading telecommunication operators across Morocco. The operator reported a revenue of MAD 36.7 billion or $3.67 billion last year, marking a 1.2% increase. The group attributed the increase to a 4.6% revenue growth from its Moov Africa subsidiaries. Operations on the continent recorded strong performance across key segments, with mobile data growing by 15.6%, fixed internet expanding by 21.1%, and Mobile Money services rising by 14.4%.

Morocco Welcomes 7.2 Million Tourists in First Five Months of 2025
Morocco Welcomes 7.2 Million Tourists in First Five Months of 2025

Morocco World

time9 hours ago

  • Morocco World

Morocco Welcomes 7.2 Million Tourists in First Five Months of 2025

Rabat – Morocco has welcomed a new record of 7.2 million tourists during the first five months of 2025. A statement from Morocco's Ministry of Tourism has said the number marks a 22% increase compared to the same period last year. The number represents an increase of 1.3 million tourists and a remarkable 68% growth compared to 2019. The ministry celebrated the momentum, noting that the data confirms the upward trend that started in 2024. The results also confirm Morocco's position on the global tourism roadmap, the statement added, noting that the growth strengthens the country's standing as a leading international travel destination. The ministry emphasized that the results reaffirm Morocco's trajectory toward its goal of attracting 26 million tourists by 2030. The tourism sector is among the key sectors contributing to Morocco's economy. In February, the Exchange Office said travel revenues amounted to MAD 112.5 billion ($11.1 billion) last year, showing a growth of 7.5% compared to a year earlier. Travel expenditures, meanwhile, reached MAD 29.36 billion ($2.9 billion), showing an increase of 22.9% year-on-year increase. In 2024, Morocco welcomed 17.4 million tourists, with arrivals representing a 20% increase compared to 2023. The data is unprecedented in Morocco and has exceeded the target set by the country for 2026. The number of arrivals also made Morocco the most-visited country in all of Africa. 'Over the five years, Morocco has averaged USD 3.5 billion in FDI annually across all sectors,' UN Tourism said recently, noting that $2.2 billion was allocated to the sector between 2014 and 2023. Tags: ecotourism in moroccotourists in morocco

Morocco to Review Free Trade Agreement with Turkiye as Trade Deficit Soars
Morocco to Review Free Trade Agreement with Turkiye as Trade Deficit Soars

Morocco World

timea day ago

  • Morocco World

Morocco to Review Free Trade Agreement with Turkiye as Trade Deficit Soars

Marrakech – Morocco is planning to review its free trade agreement (FTA) with Turkiye and push for more Turkish investment to offset an expanding trade deficit driven largely by Turkish fabric imports, Reuters reported, citing two sources who attended a meeting with Omar Hjira, the Moroccan minister delegate in charge of trade. According to Reuters, among other news outlets, Hjira is set to visit Turkiye—Morocco's sixth-biggest trading partner—in the near future to discuss measures aimed at mitigating the MAD 30 billion ($3 billion) deficit. The sources, who asked to remain anonymous due to the sensitivity of the matter, revealed that the Moroccan government is keen on addressing the growing trade imbalance. The Morocco-Turkiye FTA, initially signed in 2004 and entered into force in 2006, underwent amendments five years ago, including the introduction of a 90% tariff on Turkish textile and clothing imports to protect Moroccan manufacturers and jobs. Despite these measures, Moroccan companies continue to import large volumes of Turkish fabric to meet the needs of the country's apparel sector, which caters to both the local market and exports. Morocco's overall trade deficit widened by 22.8% to MAD 109 billion ($10.9 billion) in the first four months of 2025, according to official data. In 2024, the deficit expanded by 7% to MAD 306 billion ($30.6 billion), with Morocco's deficit with Turkiye being the third-largest after the US and China. The upcoming discussions between Rabat and Ankara officials are expected to focus on three main areas. First, Morocco will seek better access for its products to the Turkish market, particularly in the fishing and agro-industry sectors. Second, the country will encourage Turkish companies operating in Morocco to increase their local sourcing, echoing a 2022 partnership with BIM Maroc, a Turkish retail chain, to increase the share of locally sourced agri-food products to 80% by 2025. Third, both sides will discuss revising the list of materials excluded from the FTA, with potential adjustments to products already targeted by trade defense measures, such as Turkish electric ovens, which are subject to a five-year definitive anti-dumping duty. These measures come as part of Morocco's broader strategy to review its free trade agreements. Prior to Turkiye, Egypt was the focus of bilateral discussions, with the Moroccan Ministry of Industry and Trade announcing a 'Fast Track' mechanism to facilitate the entry of Moroccan exports, especially in the automotive sector. The country seeks to draw lessons from a free trade model that, without proper balance and support, can undermine its industrial sectors.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store