According to the 2017 report published by the United Nations Conference on Trade and Development (UNCTAD), the Cherifian Kingdom is among the largest sources of investment in Africa. Indeed, this report cites the acquisition by the Moroccan group Attijariwafa Bank of Barclays’ Egyptian subsidiary, whose closing took place this year, for 500 million dollars. The UNCTAD document also highlights that “intra-African FDI remained at very significant levels over the previous year. It is driven, among others, by countries such as Morocco”. Two major transactions were thus presented as examples. The first is the acquisition of a 30% stake in Saham Finances by the insurer Sanlam in South Africa for 375 million dollars. The second operation concerns the construction of a fertiliser plant in Ethiopia by the OCP group for 3.7 billion dollars. Morocco will thus have left its mark.
