Morocco’s draft 2026 budget projects an economic growth rate of 4.5%, a figure that outpaces the global average of 3% and far exceeds the European Union’s sluggish 1%. On paper, the outlook appears promising. In reality, however, the growth target masks deeper structural issues. “A 4.5% growth rate is insufficient to absorb the growing ranks […]
The IMF said Morocco’s economic growth would pick up slightly to 3.1% this year and 3.3% next year, forecasting a return of inflation to pre-pandemic levels. Inflation would stand at 2.2% this year and 2.5% next year, in line with central bank forecasts, the IMF said in its April global economic outlook. Algeria’s growth would […]
The Southern African Development Community (SADC) and East African Community (EAC) have appointed three distinguished former leaders to facilitate peace negotiations in eastern Democratic Republic of Congo, according to a joint statement released Monday evening. Former Kenyan President Uhuru Kenyatta, former Nigerian President Olusegun Obasanjo, and former Ethiopian Prime Minister Hailemariam Desalegn will lead the […]
