Morocco is one of three African countries driving expansion in private, commercial, and military aviation, presenting lucrative opportunities on a global scale, according to a Forbes report released on Friday. Africa’s aviation industry is experiencing significant growth, with Morocco, Nigeria, and South Africa at the forefront of this upward trajectory, the report says. Morocco’s aviation sector has experienced remarkable growth, with Airbus, which is operating in Morocco, forecasting a 3.6% annual growth in demand for passenger traffic from 2023 to 2042. The aviation industry exported more than MAD 20 billion in 2022, nearly double the MAD 15.4 billion recorded in 2021 and MAD 12.6 billion in 2020, according to figures from the exchange office. The rise of Morocco, Nigeria, and South Africa in the aviation industry reflects Africa’s expanding economies, urbanization, and a burgeoning middle class with increased spending power.

Source: The North Africa Journal August 27, 2023 17:08 UTC