State fund CDG said that the losses due to coronavirus could amount to $5.4 billion (54 billion dirhams) with Morocco expecting a recession in 2020. The study was based on the hypothesis of a four-month-long crisis and a gradual resumption of activity by July 2020. It expects agricultural production to contract by 6% with only […]
After halting its oil production during the uprising against Ghaddafi and beginning production activities after his ousting, Libya has finally reached the production level of the Ghaddafi era and has surpassed expectations. At the beginning of the year, oil minister Abdelbari Arusi said they are hoping to reach the level of 1,7million barrels per day […]
Morocco will launch a second surveillance satellite from the Kourkou base in Guyane on November 6, a date that coincides with celebrations of the Green March, le360 news portal reported. The second satellite baptized Mohammed VI B boosts Morocco’s earth observation technology after the country successfully sent to orbit Mohammed VI A reconnaissance satellite that […]
