Opinion
Taxing times: How inflation and heavy taxation are squeezing Morocco
Morocco’s economic strategy has long been admired as a model for North Africa, with the kingdom positioning itself as
1 min read
Morocco is on track to become a major player in the green hydrogen market, potentially supplying 5% of global demand by 2030, according to a recent report by Carnegie Endowment for International peace.
According to the report, Morocco’s infrastructure offers a strong platform for the development of green hydrogen, which is produced by splitting water using electrolysis powered by renewable energy sources.
Green hydrogen also holds the potential to decarbonize Morocco’s own economy, replacing fossil fuels in industries like agriculture, transportation, and residential heating.
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