UEMF

Chinese Firms Showcase in Beijing their Investment Projects in Morocco

Several Chinese businessmen have discussed in Beijing with Head of Moroccan Government Saadeddine El Othmani their investment projects set for the North African country and reviewed ways to facilitate their implementation to help create jobs within the frame of a “win-win partnership”. The Chinese entrepreneurs met El Othmani on Monday on the sidelines of the […]

AfDB warns of 25 African countries facing debt risks, as IMF approves loans to Zambia, Senegal

The rise in cost of debt servicing has led to 25 countries in Africa being at risk of either high debt distress or in-debt distress, African Development Bank (AfDB) Group president has warned, just as the International Monetary Fund (IMF) has approved billion-dollar loans to Zambia and Senegal. AfDB chief, Akinwumi Adesina, said African markets […]

Diversification of Arms Suppliers Enables Morocco to Outclass Algeria in Military Capabilities

Morocco has increased its arms imports by 12% between 2016–20 and 2021–25, becoming the top arms importer in Africa, according to new data published by the Stockholm International Peace Research Institute (SIPRI). The North African Kingdom has been engaged in recent years in upgrading its firepower and boosting military capabilities to counter threats to its […]