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BRICS offers Nigeria partner country status
Brazil, the BRICS chair, said that Nigeria has been admitted as a partner country in the group. The decision was based on the role of Nigeria in “strengthening cooperation in the Global South and reforming global governance”, Brazil said in a statement. “As the 6th largest population in the world and the 1st on the […]
Morocco Top African Investment Destination- Quantum Global Says
Morocco was ranked the most attractive African economy for investments in the Africa Investment Index 2018 issued by Quantum Global. Morocco earned the title of Africa’s top investment destination thanks notably to an improving economy, increased foreign direct investment flow and low external debt levels in addition to propitious business climate among others. “Morocco has […]
Morocco’s trade deficit shrinks by 14.6% in first quarter 2024
Morocco’s trade deficit dropped to 61.9 billlion dirhams, down 14.6%, thanks to higher exports and lower imports, the foreign exchange office said. Morocco’s automotive sector topped exports with 38.8 billion dirhams, up 13%, offsetting a 2.3% drop in phosphates exports at 17.6 billion dirhams. Morocco’s energy imports dropped in value by 13.6% to 28 billion […]



