British schools in Morocco soon july 2019

Who are Morocco’s main external creditors?

By 2022, Morocco’s external debt stood at 423.6 billion dirhams ($41.2 bln) representing 31.8% of GDP, half of which was owed to multilateral development banks, according to finance ministry data. The International Bank for Reconstruction and Development, an offshoot of the World Bank, holds the lion’s share in Morocco’s external debt with 93.1 billion dirhams, […]

Africa’s cotton industry to hit $7.7 billion in 2029

Africa’s cotton industry is expected to grow to 7.7 billion dollars by 2029, from a market size of 6 billion dollars in 2024, Mordor Intelligence, a global market screener said. The World Bank and other development institutions are assisting key African producers to boost output. Nearly 50% of African cotton is produced in wet African […]

Egypt: Cairo slams British envoy’s critics and International condemnation of Al-Jazeera journos’ sentences

Egyptian foreign ministry summoned the British ambassador to Egypt and criticized the international barrage over court ruling on the Al Jazeera journalists accused of “false information”. The British ambassador John Casson was summoned Sunday by the Foreign Ministry after he described on Saturday the court ruling handing three year prison sentence to three Al-Jazeera journalists […]