Morocco has been rated the only country in North Africa with low risk for credit risk insurance, according to the Euler Hermes.

Based on the macroeconomic imbalances, business environment and political stability, Morocco is considered a country which has a consistent foundation for progress, growth and continued positive relations for trade.

"It is no coincidence that Morocco continues to win recognition as a trade and investment platform for Africa," said Edward M. Gabriel, former U.S. Ambassador to Morocco. "King Mohammed VI’s vision and economic diplomacy for the past 16 years and the evolving business-friendly government policies make it ideal for international companies and investors."

Hermes expects GDP to grow 4.5 percent in 2017 and believes that this will be brought about by the diversifying of the economy and superior agriculture management.