East Africa: EU Global Gateway struggles to challenge rival China’s BRI

To offer developing countries an “alternative” to China’s Belt and Road Initiative (BRI), the EU launched, in 2021, its €300 billion Global Gateway scheme but as Kenya’s case shows, the EU’s initiative struggles to challenge its Chinese rival. For the European Union, investing in trade routes is about economic development and a way to push […]

Morocco takes part in “Impregnable Guard” drill in Qatar

Moroccan Special Forces have participated in the military exercise “ImpregnableGuard 2021” held in Qatar within the frame of the preparations of the Gulf country to counter any security threat during the upcoming soccer world cup 2022. Besides the host country and Morocco, forces from the United States, Italy, Turkey, Pakistan, Jordan, and Rwanda took part […]

Remittances from Moroccans abroad to hit record level in 2022

Remittances from Moroccans abroad are expected to hit 11 billion dollars, a record level compared to 9.3 billion last year, the World Bank said in a recent report. Remittances are key to feeding Morocco’s foreign exchange reserves, which cover around 6 months of import needs, according to the central bank. Morocco, whose diaspora is mainly […]