Moussem-Tan-Tan

EBRD forecast: Morocco’s economy to grow 5% in 2021 & 3% in 2022

The European Bank for Reconstruction and Development expects Morocco’s economy to rebound by 5 per cent in 2021, before moderating to a growth of 3.2 pc in 2022. In its latest Regional Economic Prospects report released Thursday, the Bank says the success of Morocco’s vaccination campaign will lead to faster reopening of the economy, despite […]

Sudan’s military retakes Khartoum presidential palace from paramilitary forces in symbolic victory

In a significant development in Sudan’s ongoing conflict, the Sudanese military has announced the recapture of the Republican Palace in Khartoum, which had been under the control of the paramilitary Rapid Support Forces (RSF) for nearly two years. The palace, a historic symbol of Sudan’s government and seat of power, was retaken after months of […]

AfDB Puts $1.7 bln on a Trans-Maghreb Train Feasibility Study

In a bid to revamp rail transport in the Maghreb region, the Secretariat of the Arab Maghreb Union (AMU) is supervising a feasibility study worth $1.7 billion, funded by the African Development Bank (AfDB). The train aims to link the three countries of Morocco, Algeria and Tunisia. The feasibility studies are launched at a time […]