Tunisia: Draft Constitution published ahead of referendum

Tunisia on Thursday published in the Official Gazette the draft constitution, scheduled to be submitted to a referendum on July 25. The 139-article draft was completed behind closed doors in less than a month, suggesting a substantial change in the country’s political system, which would now grant greater powers to the executive. Under the draft […]

Morocco: Government expects 3.7% growth in 2024

The Moroccan government has released its macroeconomic forecasts for 2024, expecting a growth rate of 3.7% while revising downwards its 2023 growth forecast to 3.4% instead of 4%, due partly to drought and inflation. In a presentation at the Moroccan parliament, minister in charge of the budget Fouzi Lekjaa said the forecast will be taken […]

Indian Samta group to invest over $100 million in Morocco

Indian Samta energy group announced on Tuesday that it plans to invest more than $100 million in Morocco over the coming five years. “We are committed to investing more than $100 million over the next five years in the development of mining and mineral processing activities in Morocco,” said the Indian group in a statement. […]