Morocco became the second biggest African investor in France, representing a 0.5% share of France’s total foreign investment.
According to Foreign Investments in France, an annual report by Business France, the 0.5% share represents six Moroccan projects that ensured 40 jobs in France in 2020. This puts Morocco as the 22nd largest foreign investor in general and the second-largest investor from Africa.
Compared to 2019, even though the number of projects shrunk from seven to six, Morocco rose from the 27th largest foreign investor to the 22nd. Morocco’s investment was responsible for 113 jobs in 2019, yet in 2020, marked by the COVID-19 pandemic, the number shrunk by 73 jobs, down to 40.
Tunisia, the leading African investor in France, has eight projects and created or maintained 194 jobs. It saw a decrease from nine projects to eight compared to 2019.
