France tops Morocco’s investors list for 2023

New data shows that France led the list of foreign investors in Morocco for the year 2023. This is only expected to grow higher as France and Morocco are seen to be improving diplomatic relations after France recognized Morocco’s autonomy plan for Western Sahara.

Overall data from Morocco’s Exchange Office shows that Morocco’s investment hit a net inflow $693.6 million $387.6 million in 2022. This data marks a 79.5% increase.

It also represents 61.4% of the total net foreign direct investment (FDI) flow, as shown in the data the office compiled for its 2023 annual report.