IMF

African Lion-25: Morocco & U.S. Start Annual Military Exercise, Demonstrating Enduring Partnership

U.S. and Royal Moroccan Armed forces started this Monday the Morocco portion of African Lion 25, the largest annual joint military exercise on the African continent, with training events beginning this week across multiple regions of the Kingdom of Morocco. African Lion 25 (AL25) demonstrates the enduring strategic military partnership between Morocco and the United […]

Africa’s debt crisis: interest payments on debt soar amid govt’s growing financial strain

As many African countries are struggling to service their debts, a new World Bank report warns that interest payments on long-term debt in sub-Saharan Africa surged nearly seven-fold to $26 billion between 2010 and 2023. The sharp increase came as the region’s foreign borrowing doubled to $864 billion within the same period. Africa’s worsening debt […]

Morocco Unveils Plan to Triple Investments by International Film Producers

A plan to set up financial incentives to attract more international filmmakers to Morocco was unveiled in Rabat with the aim of tripling investments by foreign producers in the Kingdom. Speaking at a conference, Director General of Morocco’s cinema center (CCM) Sarim Fassi Fihri underscored the plan’s beneficial impact on job creation notably in the […]