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Morocco has 4,277 cooperatives with a $ 800 million capital
Morocco, Local, 7/9/2003

Morocco has 4,277 cooperatives, mustering 267,466 members, with an overall capital of 6.7 billion Dirhams (US$ 800 million), according to 2002 statistics released by Morocco's office of cooperation development.

A total of 2,662 of Moroccan cooperatives operate in agriculture, 798 in housing and 517 in handicraft. The three sectors account for 96% of cooperatives.

Women cooperatives are numbered at some 261, which represents 6% of the total number. Youth cooperatives are estimated at some 228 (5%).

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