Cars Top Morocco’s Exports in First Half of 2018

Cars dominated Morocco’s exports in the first six months of 2018 with 35.973 billion Dirhams, as the country continues to attract automotive investments. Home to investments by French giants such as Renault and Peugeot, Morocco unseated South Africa as the largest car producer in the continent. Car exports, a valuable source of foreign currency for […]

IMF: Morocco’s Economic Policies & Fundamentals are Sound

Morocco’s macroeconomic policies and performance remained sound, despite volatility in agricultural output and elevated external risks, says a statement issued by the International Monetary Fund. “The Moroccan authorities remain committed to important fiscal, financial and structural reforms, which should strengthen the economy’s resilience to external shocks and support higher, more inclusive growth”, adds the statement […]

EU to supply drones to Mauritania, Chad

The European Union has announced plans to bolster the operational capabilities of the Mauritanian and Chadian armies by providing advanced drone systems for reconnaissance and surveillance. This initiative aims to enhance the two African countries’ capacity to address regional security challenges effectively. According to a report by Africa Intelligence, Expertise France, the operational arm of […]