Rabat – Morocco has reinforced its standing as one of Africa’s most attractive destinations for mining investment, according to the Fraser Institute Annual Survey of Mining Companies, 2025.
The survey evaluates 68 mining jurisdictions worldwide, including 14 in Africa, based on responses from 256 mining and exploration companies collected between August and November.
Using the Investment Attractiveness Index, which combines geological potential and the Policy Perception Index (PPI), the survey provides a benchmark for global investment appeal in the mining sector.
Morocco climbed to 15th place globally with a score of 78.97 out of 100, marking a 4.27-point increase from the previous year.
The country now ranks as the second most attractive African destination for mining investment, behind Botswana, which entered the global top 10.
The gains reflect improvements in Morocco’s mineral potential (+2.73 points) and government policy perception (+6.59 points).
Despite these advances, investors noted concerns regarding the quality of geological databases, legal system efficiency, and uncertainty over regulatory enforcement. Addressing these areas is likely to further strengthen Morocco’s competitiveness.
Across Africa, mining investment attractiveness shows renewed momentum. Botswana leads the continent with a score of 85.99, followed by Morocco, Zambia, Tanzania, and Côte d’Ivoire.
Several countries, including Côte d’Ivoire and Zambia, have made notable gains, reflecting broader investor confidence in Africa’s regulatory and institutional environment.
Morocco’s rising global rank signals growing international confidence in its mining sector. Fraser Institute’s survey attributed this performance to the country’s regulatory improvements, infrastructure development, and ongoing geological exploration.
Sustaining this growth will depend on continued transparency, consistent regulation, and access to reliable geological data, key factors for attracting long-term exploration and investment.
With mining remaining a central pillar of the Moroccan economy, particularly in phosphate production and emerging critical minerals, the country’s improved ranking highlights its potential to attract new investment and secure partnerships in a competitive global market.
