Morocco Pushes Finance Hub for Sub-Saharan Africa [Financial Times]
Morocco might be North Africa’s best performing economy in the coming years:
Good news is a rare commodity in the Arab world these days. Violence is raging across Syria and Iraq, Egypt has retrenched into authoritarianism and Libya is in chaos. Even Tunisia, which is managing its transition to democracy with aplomb, is facing huge economic challenges.
But in the far west corner of North Africa, Morocco has so far been spared much of the pain of the last four years.
“Morocco is a bright spot in the region,” said Mohamed Boussaid, the minister of finance, during a visit to London last week. “For us the Arab spring was just a breeze.”..[Full story, free subscription required]