Morocco’s Economy Gains Momentum as World Bank Forecasts 4.3% Growth and New Mali Partnership Announced

The World Bank’s deputy head for the Middle East, North Africa, Afghanistan and Pakistan, Othman Diwan, said Morocco recorded its strongest economic growth cycle in more than a decade, projecting a real GDP increase of about 4.3% over the medium term. The surge is driven primarily by a sharp rise in investment, with 2026 investment spending expected to grow 11.2%, and is supported by expanding private consumption, lower inflation, and resilience in agriculture, tourism and mineral exports. Diwan also highlighted structural challenges such as water scarcity, climate change, labour‑market fragility and higher energy import costs.

In parallel, Morocco and Mali deepened their economic cooperation during the fourth joint committee meeting in Bamako, held from July 21‑24, 2026. The talks, led by Mali’s foreign affairs minister Abdallah Dioub and Morocco’s Nasser Bourtita, focused on broadening collaboration across sectors including agriculture, infrastructure, energy, mining, education, tourism and modern technologies. Both sides emphasised the importance of South‑South partnership and the intent to launch joint projects that align with each country’s development priorities.