Africa boosted fiscal revenues in 2023 through improved tax transparency — report

Seven African countries collected $2.4 billion of additional revenue through tax transparency, exchange of information and related measures in 2023 than over the 13 preceding years combined, a new progress report for the so-called Africa Initiative has found. Launched at a recent 15th Meeting of the Africa Initiative in Lomé, Togo, the Tax Transparency in […]

French Le Piston to set up second air industry plant in Morocco

Le Piston, a French company manufacturing airplane and helicopter parts, will set up its second plant in Morocco for a total investment of €5 million, Moroccan media said. The plant will be built in Casablanca over 4000 square meters and will produce parts that range up to 1.20 meters, Le Piston President said. The new […]

Audit report reveals overvalued procurement by Justice Ministry

The Moroccan Justice Ministry has bought overvalued furniture and office equipment an audit by the Finance Ministry showed. The audit repot published by Moroccan media Rue 20 showed that the expensive procurements occurred during the administrations of Islamist Mustapha Ramid and his successors Mohamed Aoujar of the RNI and current USFP minister Mohammed Ben Abdelkader. […]