COMESA road funds

FDI Flow up 43.6% in 2021 – Office des Changes Report

The net flow of Foreign Direct Investments (FDI) recorded a 43.6% increase to more than 19.4 billion dirhams at the end of December 2021 compared to a year earlier, the Office des Changes (exchange office) said in its annual report on the balance of payments and the international investment position of Morocco for the year […]

Post-Covid-19: AfDB forecasts 4% GDP growth in Morocco in 2021

The African Development Bank (AfDB) expects a 4 pc GDP growth in Morocco in 2021 after the country’s economic activity was affected like other countries around the world by the Covid-19 pandemic. In its “African Economic Outlook 2020 – Supplement”, the African Bank says Morocco’s budget and current account deficits should improve next year, respectively […]

Negotiations on Renaissance Dam in Washington went well

Delegations from Egypt, Ethiopia, and Sudan met in Washington on Wednesday around President Donald Trump to continue discussions over the Grand Ethiopian Renaissance Dam (GERD). The meeting was extended to the US Secretary of the Treasury and the President of the World Bank. President Trump said in a tweet that “the meeting on the Grand […]