Obangame Express

China’s economic malaise and how it will impact on African countries

With China’s Central Bank making Tuesday (15 August) its largest interest-rate cut since the pandemic and news that its economy has fallen into deflation, the implications of this economic instability in China could have repercussions for Africa, experts warn. China’s National Bureau of Statistics (NBS) said Tuesday (15 August) it would stop releasing youth unemployment […]

King Salman of Saudi Arabia Calls King Mohammed VI

Morocco’s King Mohammed VI received a phone call from Saudi King Salman during which the brotherly ties between the two countries were highlighted, the Saudi news Agency SPA said. The conversation touched on the “excellent” relations between Morocco and Saudi Arabia and the “brotherly ties” between their peoples. The Saudi news agency said that the […]

Fitch Solutions upbeat outlook over Morocco’s tourism growth prospects

Morocco’s tourism arrivals will continue to expand in 2024, building on the market’s ability to recover to its pre-pandemic arrival (2019) levels in 2023, says Fitch Solutions in its latest business monitoring report. Over the medium term (2024-2028), a projected annual growth of 4.4% will be supported by the government’s 2023-2026 Tourism Strategic Roadmap, adds […]