Mehdi Benatia

Morocco, Gateway for UK Businesses in Africa

As the United Kingdom braces for a hard Brexit without a deal with the European Union, the British government is looking for business opportunities outside the European bloc, focusing on building stronger economic cooperation ties with its traditional partners in America, Asia and Africa in addition to those of the Commonwealth. It is in this […]

Morocco’s domestic demand surges 5.8%, driving economic growth

Morocco’s domestic demand jumped 5.8% in 2024, accelerating from 4.9% in 2023, contributing 6.3 percentage points to GDP growth compared to 5.4 points the previous year, according to provisional national accounts data from the High Commission for Planning (HCP). Household consumption expenditures, including non-profit institutions serving households, increased 3.4%, contributing 2.1 percentage points to economic […]

Egypt: US froze military aid over Cairo’s secret arms deal from North Korea

Washington in August froze $300 million military aid to Cairo after US intelligence intercepted a shipment of 30,000 grenades from North Korea to Egypt under an apparent secret deal violating international sanctions against the rogue state, reports suggest. The Trump administration unexpectedly put halt to the money citing the North African country’s poor human right […]