AU PSC

Germany boosts aid for African deals to woo allies, counter China’s charm offensive

Germany is set to increase its state guarantees for business investments in African countries, a move widely interpreted as being aimed at diversifying trade relations and to make it more independent from China. In September, China removed tariffs on 98% of agricultural and mineral imports from nine of Africa’s poorest countries. The decision follows Chinese […]

Morocco’s energy ministry under scrutiny over limited use of spare storage capacity

Morocco’s energy ministry is facing renewed scrutiny over the actual use of storage facilities at the idle Samir oil refinery, after energy minister Leila Benali said the state had enabled operators to access the infrastructure over the past three years. Speaking to 2M TV channel, Benali said her ministry had used Samir’s storage capacity as […]

COVID-19: Tourism, most badly hit sector in Morocco with losses worth billions

The Moroccan National Confederation of Tourism has sounded the alarm. The tourism sector has been severely affected by the coronavirus pandemic and the lockdown it entailed worldwide. The tourism sector and all the activities that shape its value chain, i.e. hotels, restaurants, travel agencies and distribution networks, ground transportation and car rentals, event industry and […]