mor

World Bank: Morocco’s Economic Growth to Rise to 3.3 in 2020-2021

Morocco’s economic growth is expected to pick up gradually and average 3.3 over 2020–2021, mainly driven by more dynamic secondary and tertiary activities, bolstered by high foreign investments, according to the World Bank forecast. Significant FDIs continue to flow into Moroccan automotive industries, especially in the new Peugeot plant – that will eventually double the […]

Moroccan Banks, Launchpad for Investments in Africa- Stratfor

Moroccan banks across Africa serve as a launchpad that will allow Moroccan and European businesses to expand in the continent, Stratfor, a US firm specializing in risk analysis, said in a recent report. The report shows that Morocco has become a key investor in Sub-Saharan Africa owing to the strength of its financial sector. “As […]

Morocco Enhances Further its Airpower with acquisition of Chinese Drone TB-001, Making Algerian Junta Nervous

The Algerian military regime has started feeling the heat with the growing military strength of Morocco which has just received U.S. Apache attack helicopters and purchased Chinese TB-001 reconnaissance & attack drones “Twin-Tailed Scorpion.” According to experts, the advanced Chinese long endurance unmanned aerial vehicle (UAV) will reinforce Moroccan military capabilities in border surveillance and […]