7 Best Places to Start Your Business in Morocco

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Morocco has the second-highest GDP per capita in Africa, and has the highest Human Development Index in Africa. It also ranks 4th on the Global Innovation Index, making it one of the best countries to start your business in Africa.

In this article, we will discuss some of the best cities to start a business in Morocco.

Casablanca

The Casablanca region is a major economic capital in Africa and has the highest GDP per capita in Africa.
This region is home to the largest port in North Africa and many multinational corporations have their regional offices located here. with a population of of more than 5.6 million people, is home to a diverse population, with Arabic and Berber being the most widely spoken language but there are also French and English and Spanish.
The banking sector of Morocco is also located here, which means that there are many financial services available for people living in this area.
The Casablanca region has always been famous for its business-friendly policies, large consumer base, and high availability of infrastructure. It is the perfect location to start a business.

Tangier

Tangier is a city in northwest Africa with a diverse economy.
The GDP of the City is $2.2 billion and it has a population of 250000 people.
Tangier’s economy relies heavily on Europe but around 4% of its GDP comes from tourism, which is an industry that employs more than 20% of the population.

Rabat

Rabat is a city in Morocco, located on the Atlantic Ocean. Rabat is the capital of Morocco and, its fifth-largest urban area.It is also the capital of its Rabat-Salé-Kénitra region.
Rabat has a population of 37,780,308 (as per the 2022 census) inhabitants who live within its region.
The Moroccan metropolitan area has an estimated population of over 5 million inhabitants as it includes other cities like Salé, Kénitra, and Temara.
the economy has expanded enormously in recent decades, and with this expansion comes a new dynamic to Rabat’s economic landscape. Tourism is one of Rabat’s main industries and it has seen a surge in demand for hotels, restaurants, and other services which serve tourists.
The new movement towards tourist destinations has led to an increase in the prices of goods and services that are specific to locals.

Agadir

The Agadir economy is one of the most rapidly developing economies in Morocco, making it one of the richest regions in the country.
It is also a key economic hub for Northern Africa, providing an important part of trade between Europe and sub-Saharan Africa.
This has seen the city attract a great deal of foreign investment, turning it into a major exporter and attracting many international business delegations to visit.
The economy of Agadir depends mainly on tourism and trade with fishing being a secondary industry.
The city’s main export products are phosphates, marble, textiles, carpets, leather goods, wool products, and salt while imports include foodstuffs such as cereals and sugar.

Ouarzazate

Ouarzazate is one of the most important regions in Morocco as it produces 20% of the country’s total electricity production and provides many jobs.
The Ouarzazate economy encompasses the local economy, which is almost totally dependent on tourism and agricultural activity and is less industrialized.

Fes

Fes is a city with many historic monuments and buildings that date back to different periods of time.
Some of these buildings are from the 12th century, while others are from more recent
periods, such as the 19th century.
Fes economy is a term that refers to the economic activity in Fes, Morocco. It is one of the
most important and lively economic hubs in Morocco.

Marrakech

Marrakech is a city in Morocco and it has been an important business hub since the 1960s.
The city has become one of the most popular tourist destinations in the world and it is known for its old walls, souks, Jemaa El Fna square, and numerous other historic landmarks.
The city of Marrakech has a population of about 1.4 million people.

There are many opportunities for startups in Morocco, and now is the perfect time to capitalize on this effort.
That’s why we created the Morocco Startup Challenge, a month-long the event that brings together in one place all the resources you need to launch and grow your startup.

Dont get left behind! Create your business in Morocco.

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