US Secretary of State lauds ‘significant’ first post-normalization visit by Lapid in Morocco

US Secretary of State Antony Blinken welcomed Wednesday’s visit by Israeli Foreign Minister Yair Lapid in Morocco as the two countries built on the normalization agreement signed last year under a US-brokered deal.   Blinken in a statement called the visit, along with the reopening of the Israeli liaison office in Rabat, “significant for Israel, […]

Morocco’s tax expenditures reach 32 billion Dirhams despite reform efforts

Morocco’s tax expenditures have risen to 32.1 billion dirhams in 2025, reflecting persistent challenges in the government’s efforts to rationalize fiscal incentives despite a broader reform agenda aimed at improving transparency and efficiency in public spending. Tax expenditures as a percentage of GDP have declined from 2.9% in 2022 to 2.1% in 2024, primarily due […]

Ghana dethrones South Africa to become Africa’s top gold producer

Ghana has reclaimed its top position as Africa’s premier gold producer, surpassing South Africa, after large-scale mining companies in the West African country increased gold production from 2.2 million ounces in 2012 to 3.08 million ounces last year. After a temporary setback in 2021 due to a sharp decline in output, Ghana has reclaimed its […]