Africa’s future will not be written by countries waiting for perfect conditions. It will be written by countries like Morocco, which made the most of its undesirable post-colonial inheritance to become not only an economic success story but a potential model for others to emulate.
CASABLANCA—In 2023, Morocco crossed a critical threshold when the value of its automobile exports surpassed its revenues from phosphates, the mineral resource that had anchored the country’s economy for at least a century. Defying expectations, a country with no oil, no gas, and no other obvious resource advantages had become the most dynamic automotive hub in the Mediterranean.
CASABLANCA—In 2023, Morocco crossed a critical threshold when the value of its automobile exports surpassed its revenues from phosphates, the mineral resource that had anchored the country’s economy for at least a century. Defying expectations, a country with no oil, no gas, and no other obvious resource advantages had become the most dynamic automotive hub in the Mediterranean.