Morocco’s budget deficit shrunk to 64.4 billion dirhams ($6.4 bln) in 2024, from 74.9 billion dirhams, as a rise in government revenue continued to offset higher spending, the Moroccan treasury said. The deficit eased to 3.9% last year from 4.4% a year earlier, as the government increases its ordinary revenue and tax receipts, it said. […]
Moroccan industry and investment departments signed an agreement with Brazilian aerospace giant Embraer to develop joint projects in the commercial and defense as well as urban aviation. The Memorandum of Understanding was signed at the opening of the Marrakech Air Show which brings together 200 exhibitors from different aerospace industries as well as 100 delegations […]
The candidates vying to succeed Moussa Faki Mahamat as head of the African Union Commission are now known. There are four candidates ready to take over from the Chadian, who will reach the end of his two mandates early next year. The four candidates come from the East of the continent, in line with the […]
