Morocco ranks among the top ten global destinations for private investments supported by development financing.
Morocco Enhances Its Appeal to International Investors
Morocco is bolstering its attractiveness to international investors. According to a recent report from the Organisation for Economic Co-operation and Development (OECD), the Kingdom ranked 10th globally and 3rd in Africa for private investments mobilized through public development financing during the 2021-2024 period.
The report indicates that Morocco has attracted an average of $1.5 billion in private investments per year, bringing the total volume of mobilized funds to nearly $6 billion, in constant 2023 prices. The Kingdom shares the 10th spot globally with Serbia.
On the African continent, Morocco ranks behind South Africa ($1.7 billion per year) and Egypt ($1.6 billion), while surpassing several other economies, including Ethiopia, Kenya, and Nigeria.
Globally, Brazil leads with an average of $6.5 billion per year, followed by India, Turkey, Mexico, and Colombia, all of which are prominent destinations for investments supported by development financing institutions.
The OECD also emphasizes that Africa has been the primary beneficiary of these flows, with an annual average of $19.7 billion, accounting for nearly 30% of globally mobilized private investments, ahead of Latin America, the Caribbean, and Asia.
Financial guarantees represent the main instrument used to mobilize these investments, accounting for 31% of the flows, followed by direct investments, syndicated loans, and investments in funds.
Furthermore, the report notes that middle-income countries captured 69% of private investments supported by development financing between 2021 and 2024, compared to just 8% for the least developed countries.
Since 2012, development financing institutions have mobilized nearly $600 billion in private investments worldwide. The annual volume has risen from approximately $17 billion in 2012 to a record $77 billion in 2024.
Finally, the International Finance Corporation (IFC), a member of the World Bank Group, remains the leading player in mobilizing these investments, averaging $20.6 billion annually, ahead of European Union institutions. The United States continues to be the largest bilateral donor, with an average of $6.5 billion per year.
