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Morocco’s Football Hero Eyes Prime Ministerial Bid Ahead of Fall Vote

Bloomberg Markets •
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Fouzi Lekjaa, the man who steered Morocco’s football team from 95th to sixth in world rankings, now faces political pressure. Two leading parties want him to run for prime minister in the Sept. 23 parliamentary vote. As a former budget minister, his public popularity could swing the election, even though the assembly’s powers stay limited.

Morocco’s World Cup success has spurred a $2030 World Cup co‑hosting deal with Spain and Portugal, boosting the kingdom’s tourism and infrastructure budgets. The Atlas Lions’ semi‑final run in Qatar, the first for a Middle Eastern or African side, turned football into a national brand that attracts sponsors and foreign investment in 2026 and growth.

The monarchy, led by King Mohammed VI, balances power between moderate Islamists and pro‑business coalitions. Current premier Aziz Akhannouch declined to run again, preferring a new candidate from his Independents National Rally. Meanwhile, the Justice and Development Party seeks a comeback, while youth protests over spending and inequality highlight domestic unrest in 2024 and the nation.

Investors watch Morocco’s political moves closely, as the country’s 2030 World Cup build‑outs and social unrest affect infrastructure returns and consumer confidence. A new prime minister with Lekjaa’s sports‑driven appeal could stabilize markets, rally public sentiment, and attract foreign direct investment, but his non‑partisan stance may limit policy continuity for the upcoming elections and growth.