Morocco Business Directory & List of Companies

Capital City and 5 Largest Cities in Morocco

Morocco is a North African country with a rich cultural heritage and diverse geography. Here are the capital city and five of the largest cities in Morocco:
• Rabat is the capital city of Morocco. It is located on the Atlantic Ocean coast and is known for its historical significance, government institutions, and cultural attractions.
• Casablanca is the largest city in Morocco and one of the largest in Africa. It is a major economic and business hub, home to the country's largest port and numerous industrial and financial institutions.
• Fes (or Fez) is one of the oldest cities in Morocco and is known for its well-preserved medieval architecture, including the historic medina (old town). It is also a center of education and culture.
• Marrakech, often referred to as the "Red City" due to its distinctive red walls and buildings, is a popular tourist destination known for its vibrant markets, palaces, and gardens.
• Tangier (or Tanger) is a port city located on the northern coast of Morocco, close to the Strait of Gibraltar. It has a rich history of international trade and cultural exchange and is known for its strategic location.
• Agadir is a coastal city situated on the shores of the Atlantic Ocean. It is a popular tourist destination known for its beautiful beaches, modern infrastructure, and resort amenities.

Morocco on Map - see more from Google map

Morocco Economy in Figures

1. Gross Domestic Product (GDP): In 2020, Morocco's GDP was approximately 124 billion USD.
2. GDP per Capita: Morocco had a GDP per capita of around 3,450 USD in 2020.

   Economic Sectors

3. Agriculture is a significant sector in Morocco, employing a large portion of the population. Key agricultural products include cereals (wheat, barley), citrus fruits, vegetables, and olives.
4. Industry: Morocco has been promoting industrialization, with sectors such as automotive manufacturing, aerospace, and textiles being important. The country is also a major producer of phosphates and phosphoric acid.
5. Services: The services sector has been expanding, with tourism, finance, and information technology playing crucial roles. Tourism is a significant contributor to the services sector.
6. Tourism: Morocco is a popular tourist destination known for its historical sites, diverse landscapes, and cultural heritage. In 2019, before the COVID-19 pandemic, the country received over 12 million tourists.
7. Trade: Morocco has active trade relations with Europe, Africa, and the Middle East. The European Union is one of Morocco's largest trading partners. Exports include textiles, automotive products, phosphates, and agricultural goods.
8. Investment: The Moroccan government has been actively promoting foreign investment through various incentives and special economic zones.
9. Currency: The currency of Morocco is the Moroccan Dirham (MAD).
10. Infrastructure Development: Morocco has invested in infrastructure development, including ports, roads, and renewable energy projects, to support economic growth and attract investment.
11. Challenges: Despite its economic progress, Morocco faces challenges such as unemployment, income inequality, and regional disparities. The agricultural sector is susceptible to weather conditions, and the country is working on diversifying its economy.
12. Foreign Relations: Morocco has active diplomatic relations with various countries and is a member of organizations such as the Arab League, the African Union, and the United Nations.

Ten Top Companies in Morocco

1. OCP Group, formerly known as the Office Chérifien des Phosphates, is one of the world's leading producers and exporters of phosphate-based products. It plays a crucial role in the global fertilizer industry.
2. Maroc Telecom is the largest telecommunications company in Morocco, providing a wide range of services, including mobile and fixed-line telecommunications, internet, and data services.
3. Attijariwafa Bank is one of Morocco's largest banking and financial services institutions, offering a range of banking products, investment services, and international banking.
4. Banque Populaire du Maroc is a prominent Moroccan banking group, serving individual and corporate customers with banking and financial services.
5. BMCE Bank is a major Moroccan bank with a presence in several countries. It provides retail banking, corporate banking, and international banking services.
6. Managem is a Moroccan mining company with operations in various minerals, including gold, silver, copper, and cobalt. It also engages in exploration and development projects.
7. Royal Air Maroc is Morocco's flag carrier and one of the largest airlines in Africa. It provides domestic and international flights, connecting Morocco to numerous destinations worldwide.
8. Bouygues Construction Morocco is a subsidiary of the French construction group Bouygues. It is involved in various construction projects, including infrastructure and building construction.
9. LafargeHolcim Morocco is part of the global building materials company LafargeHolcim. It operates in the cement and aggregates sector, serving construction and infrastructure projects.
10. Renault Maroc is the Moroccan subsidiary of the French automotive manufacturer Renault. It is involved in vehicle assembly and manufacturing and plays a significant role in Morocco's automotive industry.

Ten Top Banks in Morocco

1. Attijariwafa Bank is one of Morocco's largest and most prominent banking and financial services institutions. It offers a wide range of services, including retail and corporate banking, investment banking, and international banking.
2. Banque Populaire du Maroc is a leading banking group in Morocco, serving individual and corporate customers with banking and financial solutions through a network of regional and local banks.
3. BMCE Bank, also known as Banque Marocaine du Commerce Extérieur, is a significant Moroccan banking institution with a strong presence in the country and various international markets.
4. Crédit Agricole du Maroc is part of the Crédit Agricole Group and focuses on serving agricultural and rural communities in Morocco. It provides banking services, including loans and financing for the agriculture sector.
5. Société Générale Maroc is a subsidiary of the French banking group Société Générale. It offers retail banking, corporate banking, and financial services to Moroccan customers.
6. Banque Centrale Populaire (BCP) is one of Morocco's leading banking groups, comprising a network of regional banks. It provides banking and financial services to individuals and businesses.
7. Crédit du Maroc is a Moroccan banking institution offering a range of banking products and services, including retail banking, corporate banking, and wealth management.
8. CIH Bank, or Crédit Immobilier et Hôtelier, focuses on real estate and property financing in Morocco. It provides banking solutions for real estate development and property investment.
9. Wafasalaf is a leading consumer finance company in Morocco, specializing in personal loans, consumer credit, and financing solutions for individuals and households.
10. Bank Al-Maghrib is Morocco's central bank, responsible for regulating the country's monetary policy and overseeing the financial sector. It plays a crucial role in maintaining the stability of the Moroccan economy.