Africa energy

Chinese Official Hails King Mohammed VI Efforts for Peace in Region

Mr Du Qinglin, vice chairman of the National Committee of the Chinese People’s Political Consultative Conference, paid tribute on Monday in Rabat to King Mohammed VI for the efforts made by the Sovereign for socioeconomic development and for peace in the region. The Chinese official, who is visiting the North African Kingdom, met Head of […]

Washington Looking for Drones Base in North Africa

The United States is holding talks with North African countries to set up drones base to monitor the Islamic State in Libya wherein the terror group is expanding its influence and operations, the Wall Street Journal reported on Sunday, citing US administration officials. Installing such a North African base near Isis strongholds in Libya would […]

Morocco deficit to hold near 3%, debt seen falling despite global tensions- Bloomberg

Morocco expects to steadily reduce its public debt over the rest of the decade as economic growth strengthens and the budget deficit remains contained, despite pressures from global geopolitical tensions, a senior finance official told Bloomberg. Public debt is forecast to fall to about 60% of gross domestic product by 2030 from roughly 67% at […]