The Moroccan insurance market realized an interesting jump during the last 5 years. In 2012, the industry totalized MAD 26 billion of premiums vs. MAD 19.7bn in 2008 which represents a CAGR of 7.14%. The penetration rate (premiums/GDP) of the industry remains low compared with the world average of 7% even if it grew from […]
Once famous only for its abundant natural resources, Africa is gradually becoming a growing pool of qualified human resources. From the African diaspora looking to come back to seize opportunities in home countries to locally educated talent, the continent is now offering recruiters a bigger pool to choose from. Needless to say, this hasn’t always […]
The West African banking system is characterized by two (2) main banking markets. On one hand the UMOA zone ( West African Monetary Union ) having a common currency for the West African CFA franc (XOF ) and regulated by the Central Bank of the States of West Africa (BCEAO) . On the other hand, […]
Africa has the second largest agriculture potential in the world in term of land area. But it also has one of the largest populations, Agriculture employs more than 60% of it and accounts for 32% of the African GDP, but the continent is sometimes accused of producing “cash crops” while it is still suffering from […]
In the most expensive city in the world[1]: Luanda, Angola, everything is expensive but time. Even with pre-scheduled meetings, people can leave you waiting for more than an hour and just apologize for it with a common smile; a smile that I will come to understand over the course of my assignment in the country […]
118 million liters, it is the volume of alcohol consumed in Morocco in 2011, according to the IWSR (International Wine & Spirit Research). Beer holds the first place with 68.3% (80.7 million liters) of total consumption, followed by wine accounting for 27.2% (32.1 million liters), and spirits for 4.5% with a volume of almost 5.3 […]
According to fDi Magazine (a division of The Financial Times), South Africa has been crowned as the African country of the future for 2013/2014, with Morocco in second position and Mauritius in third. This ranking takes into account 6 key indicators with data gathered from 55 countries: Economic potential, Labour environment, Cost-effectiveness, Infrastructure, Business friendliness […]
