Connect with us

Tech and Industry

Forbes Magazine: Morocco, Gateway to “Renaissance” of Africa’s Aviation Sector

Published

on

Forbes Magazine: Morocco, Gateway to “Renaissance” of Africa’s Aviation Sector

American magazine Forbes stated that Morocco, thanks to its strategic positioning and investment-friendly business climate, represents today the gateway to the “renaissance” of Africa’s aviation sector.

In an article by entrepreneur and business strategist Henri Al Helaly, Forbes pointed out that “Morocco is forging an aviation path marked by impressive growth,” noting that while Airbus had reported 3.6% annual growth in passenger traffic demand, Morocco’s strategic positioning, combined with a favorable investment climate, promotes the Kingdom as an attractive destination for international aviation companies, including aircraft manufacturing.

The American magazine noted that Morocco offers an open skies policy for entrepreneurs and businesses, which encourages foreign investment and partnerships, paving the way for robust growth in the Kingdom’s aerospace sector.

The article referred to investment in infrastructure as one of the strengths that distinguish Morocco in this vital sector, especially since the Kingdom aims to become an aviation hub in the region and far beyond. The author also shed light on investment in skills development and the priority Morocco attributes to relationships and trust, in addition to the Kingdom’s compliance with trade standards.

Forbes also noted that thanks to these favorable policies and its strategic location, Morocco is poised to attract more aviation companies, pointing out that the aviation boom that Africa is experiencing is led by countries such as Morocco and Nigeria.

In a similar context, Al Helaly explained that these leading countries are driving the growth of private, commercial, and military aviation, which subsequently offers grand opportunities on a global scale, adding that the next “frontier” to be crossed would be aircraft manufacturing, ranging from private jets to military drones.

Forbes’ business strategist also added that the continent’s growth in this sector reflects the combination of expanding economies, urbanization, and a burgeoning middle class with increased purchasing power.

“For entrepreneurs and businessmen, these developments represent a unique opportunity to tap into a rapidly growing market, ripe with potential,” wrote Al Helaly in his article, noting that by investing in aviation-related businesses, particularly aircraft manufacturing, these entrepreneurs and businessmen can help tailor the future of Africa’s aviation landscape while also profiting from its growth.

HRH Crown Prince Moulay El Hassan Chairs Graduation Ceremony of 24th Higher Defense Class, 58th General Staff Class
Princely Activities6 months ago

HRH Crown Prince Moulay El Hassan Chairs Graduation Ceremony of 24th Higher Defense Class, 58th General Staff Class

The Minister of Transport and Logistics, Mohamed Abdeljalil
Science and Environment6 months ago

Berlin: Minister Mohamed Abdeljalil Expresses Morocco’s Commitment to Fight Against Climate Change

MFA-Nasser-Bourita-takes-part-in-the-3rd-High-Level-Meeting-of-Heads-of-Counter-Terrorism-and-Security-Agencies-in-Africa
Politics6 months ago

FM Nasser Bourita Sheds Light on Royal Vision Relating to African Cooperation in Counter Terrorism

Operation Marhaba
Life and Society6 months ago

Under Effective Presidency of HM King Mohammed VI, Operation Marhaba 2024 Kicks Off in Morocco, Europe

Morocco’s Ambassador to India, Mohamed Maliki
Life and Society6 months ago

New Delhi: Morocco Named Most Vibrant Destination (TravelJingles)

FM Nasser Bourita holds talks with his Liberian counterpart Sara Beysolow Nyanti
Politics6 months ago

Liberia Reiterates Support For Morocco’s Sovereignty, Territorial Integrity

HRH Crown Prince Moulay El Hassan Chairs Final of 23rd Hassan II Trophy for Traditional Equestrian Arts Tbourida
Princely Activities6 months ago

HRH Crown Prince Moulay El Hassan Chairs Final of 23rd Hassan II Trophy for Traditional Equestrian Arts Tbourida

Rabat, Morocco
Life and Society6 months ago

Morocco Among Best Destinations for French Retirees in 2024 (Le Figaro)

GITEX Africa Morocco
Tech and Industry6 months ago

GITEX Africa Morocco: Second Edition Kicks Off in Marrakech

FM Nasser Bourita holds talks with his Chinese counterpart Wang Yi
Politics6 months ago

FM Nasser Bourita Holds Talks With Chinese Counterpart

Malawi's FM Nancy Tembo
Politics6 months ago

Morocco, Reliable Partner for Africa’s Development (Nancy Tembo)

Morocco's Minister of Higher Education, Scientific Research and Innovation, Abdellatif Miraoui, and his Gabonese counterpart, Hervé Ndoume
Life and Society6 months ago

Morocco, Gabon Sign MoU to Boost Cooperation in Higher Education

HM King Mohammed VI
Royal Activities6 months ago

HM King Mohammed VI Congratulates Azerbaijan President on National Day

National selection head coach Walid Regragui
Sports6 months ago

African World Cup Qualifiers: Morocco’s Head Coach Walid Regragui Unveils List of Summoned Players

Minister Delegate in charge of Digital Transition and Administrative Reform, Ghita Mezzour,
Tech and Industry6 months ago

Minister Ghita Mezzour Stresses Importance of Training Workforce in Emerging Technologies Field

36th Arab Inter-Parliamentary Union Congress
Politics6 months ago

Arab Inter-Parliamentary Union Commends Sustained Efforts of HM King Mohammed VI in Defense of Al-Quds

MFA Nasser Bourita receives the Minister of African Integration and Foreign Affairs of the Republic of Senegal, Yassine Fall
Politics6 months ago

Senegal FM Hails Strong Commitment of HM King Mohammed VI to Africa’s Stability, Development

MFA Nasser Bourita receives the Minister of African Integration and Foreign Affairs of the Republic of Senegal, Yassine Fall
Politics6 months ago

Moroccan Sahara: Senegal Reiterates Constant, Firm Support for Morocco’s Territorial Integrity

HM King Mohammed VI speaking before the African Union (AU)
Politics6 months ago

Spanish Daily La Razon Commends Morocco’s “Sincere Commitment” to Africa

Regional Director of the World Health Organization (WHO) for the Eastern Mediterranean, Hanan Balkhy
Life and Society6 months ago

WHO Official Commends Royal Vision Relating to Health Sovereignty

HRH Crown Prince Moulay El Hassan Chairs Graduation Ceremony of 24th Higher Defense Class, 58th General Staff Class
Princely Activities6 months ago

HRH Crown Prince Moulay El Hassan Chairs Graduation Ceremony of 24th Higher Defense Class, 58th General Staff Class

The Minister of Transport and Logistics, Mohamed Abdeljalil
Science and Environment6 months ago

Berlin: Minister Mohamed Abdeljalil Expresses Morocco’s Commitment to Fight Against Climate Change

MFA-Nasser-Bourita-takes-part-in-the-3rd-High-Level-Meeting-of-Heads-of-Counter-Terrorism-and-Security-Agencies-in-Africa
Politics6 months ago

FM Nasser Bourita Sheds Light on Royal Vision Relating to African Cooperation in Counter Terrorism

Operation Marhaba
Life and Society6 months ago

Under Effective Presidency of HM King Mohammed VI, Operation Marhaba 2024 Kicks Off in Morocco, Europe

Morocco’s Ambassador to India, Mohamed Maliki
Life and Society6 months ago

New Delhi: Morocco Named Most Vibrant Destination (TravelJingles)

FM Nasser Bourita holds talks with his Liberian counterpart Sara Beysolow Nyanti
Politics6 months ago

Liberia Reiterates Support For Morocco’s Sovereignty, Territorial Integrity

HRH Crown Prince Moulay El Hassan Chairs Final of 23rd Hassan II Trophy for Traditional Equestrian Arts Tbourida
Princely Activities6 months ago

HRH Crown Prince Moulay El Hassan Chairs Final of 23rd Hassan II Trophy for Traditional Equestrian Arts Tbourida

Rabat, Morocco
Life and Society6 months ago

Morocco Among Best Destinations for French Retirees in 2024 (Le Figaro)

GITEX Africa Morocco
Tech and Industry6 months ago

GITEX Africa Morocco: Second Edition Kicks Off in Marrakech

FM Nasser Bourita holds talks with his Chinese counterpart Wang Yi
Politics6 months ago

FM Nasser Bourita Holds Talks With Chinese Counterpart

Malawi's FM Nancy Tembo
Politics6 months ago

Morocco, Reliable Partner for Africa’s Development (Nancy Tembo)

Morocco's Minister of Higher Education, Scientific Research and Innovation, Abdellatif Miraoui, and his Gabonese counterpart, Hervé Ndoume
Life and Society6 months ago

Morocco, Gabon Sign MoU to Boost Cooperation in Higher Education

HM King Mohammed VI
Royal Activities6 months ago

HM King Mohammed VI Congratulates Azerbaijan President on National Day

National selection head coach Walid Regragui
Sports6 months ago

African World Cup Qualifiers: Morocco’s Head Coach Walid Regragui Unveils List of Summoned Players

Minister Delegate in charge of Digital Transition and Administrative Reform, Ghita Mezzour,
Tech and Industry6 months ago

Minister Ghita Mezzour Stresses Importance of Training Workforce in Emerging Technologies Field

36th Arab Inter-Parliamentary Union Congress
Politics6 months ago

Arab Inter-Parliamentary Union Commends Sustained Efforts of HM King Mohammed VI in Defense of Al-Quds

MFA Nasser Bourita receives the Minister of African Integration and Foreign Affairs of the Republic of Senegal, Yassine Fall
Politics6 months ago

Senegal FM Hails Strong Commitment of HM King Mohammed VI to Africa’s Stability, Development

MFA Nasser Bourita receives the Minister of African Integration and Foreign Affairs of the Republic of Senegal, Yassine Fall
Politics6 months ago

Moroccan Sahara: Senegal Reiterates Constant, Firm Support for Morocco’s Territorial Integrity

HM King Mohammed VI speaking before the African Union (AU)
Politics6 months ago

Spanish Daily La Razon Commends Morocco’s “Sincere Commitment” to Africa

Regional Director of the World Health Organization (WHO) for the Eastern Mediterranean, Hanan Balkhy
Life and Society6 months ago

WHO Official Commends Royal Vision Relating to Health Sovereignty

About us

Althena Media Group

Address:

Kamal Parc Center, Building A. Mohammedia. 28 810 Morocco

Phone Number: +212.710.39.99.99

Email: Contact@moroccoenglishnews.com

Advertising: Ads@moroccoenglishnews.com

Morocco English News is a leading digital news platform based in Morocco.

Morocco English News: See Morocco Differently

Updates and insights related to politics, culture, industry and technology, life and entertainment, Business and Finance.

error: Content is protected !!