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Morocco: Police foil drug trafficking attempt in Casablanca

Elements of the prefectural service of the judicial police of Casablanca have foiled Friday, on the basis of accurate information provided by the services of the Directorate General of Territorial Surveillance (DGST), a drug trafficking attempt. The police seized 2 tons of chira on board a truck transporting goods and arrested the truck driver and […]

Algeria braces for austerity amid frail social peace exacerbated by coronavirus

The failure of major oil exporting countries to reach an agreement about a 10 million bpd reduction was received in Algeria as an omen that would further aggravate state finances as it struggles to maintain a social peace based on lavish spending. Algeria saw its reserves shrink from $179 billion in 2014 to less than […]

Morocco reports trade surplus with Africa despite drop in exports

Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion dirhams in goods to Africa in 2018. The continent takes 7.8% of Morocco’s exports. Over four years, Morocco’s exports to Africa grew 29% while imports dropped 5% as the Kingdom […]