Morocco was ranked the most attractive business destination in North Africa and the second in the continent in the Africa Investment Index 2017 issued by Quantom Global. Morocco took the lead in North Africa thanks to multiple factors including economic growth, strategic geographic positioning, increased foreign direct investment, import cover ratio, and an overall favorable business environment, Quantom Global said. At the North African level, Egypt came second followed by Algeria, Tunisia, Libya and Mauritania. Morocco was followed by Egypt in the third position and South Africa which came in fourth. The Index is a multidimensional barometer based on six clusters of factors namely growth factors, liquidity factors, risk factors, business environment factors, demographics and social capital factors.

Source: The North Africa Journal April 21, 2017 16:07 UTC