The World Bank has warned against the macroeconomic impact of droughts and water scarcity in Morocco wherein economic growth is expected to slow down in 2022 to 1.3 pc from 7.9 pc posted last year. While low rainfall shocks have historically been a driver of macroeconomic volatility in Morocco, droughts tended to be followed by […]
The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current deficits and limited economic diversification plans, according to the latest forecast by the African Development Bank (AfDB). The AfDB forecasts the region’s GDP at 4% this year, before recovering to […]
The Tangier Police foiled, early Saturday morning, an illegal immigration attempt and arrested 25 individuals from sub-Saharan African countries. According to a statement from the National Police (DGST), the suspects were arrested at a checkpoint at Tangier’s entrance, immediately after their arrival on board a public transport bus in possession of 36 artisanal iron objects, […]
