Morocco emerges as African wealth hub despite persistent inequality

Morocco has solidified its position among Africa’s leading wealth centers with 7,500 millionaires, representing a 40 percent increase over the past decade, according to the Africa Wealth Report published recently. This growth trajectory places the kingdom third continentally, behind South Africa’s 41,100 millionaires, Egypt’s 14,800, and ahead of Nigeria’s 7,200 wealthy individuals. Casablanca remains Morocco’s […]

Tunisia counts on Algeria to fight terrorism

For his first official visit since taking office, Tunisian Interim Prime Minister Mehdi Jommaa escorted by Minister of Foreign Affairs Mongi Hamdi, honored the invitation of Algerian Prime Minister Abdelmalek Sellal, on Saturday evening for a two-day official visit. Part of the visit’s outline was to strengthen security cooperation between Tunisia and Algeria as security […]

Morocco boosts industrial investments with 17 agreements

Part of Morocco’s efforts to upgrade the industrial sector, impacted by the coronavirus pandemic, 17 investment agreements, worth $93.6 million, were signed in Rabat Wednesday.   The signing of the agreements relating to several sectors took place under the chairmanship of Minister of Industry and Trade Moulay Hafid Elalamy who described these agreements as an […]