MASEN & UNIDO sign accord

Washington to facilitate talks on controversial Renaissance Dam

US President Donald Trump has invited the foreign ministers of Egypt, Ethiopia and Sudan to go to Washington to hold talks on the giant hydroelectric dam on Ethiopia’s Blue Nile. The huge project, named Grand Ethiopian Renaissance Dam (GERD), is the subject of dispute, mainly between Ethiopia and Egypt. Egypt, which relies almost totally on […]

Morocco, 5th best African economy on Forbes List 2021

Morocco is expected to emerge as the fifth best performing economy in Africa this year despite adverse international economic juncture, says Forbes Middle East list 2021 drawn on basis of the International Monetary Fund and the World Bank data. The IMF expects Morocco’s real GDP to grow by 4.5 pc this year, after a contraction […]

Washington funds projects in Laayoune & Dakhla, confirming U.S. recognition of Moroccanness of Sahara

The U.S. government has decided to finance economic empowerment projects in the Moroccan Saharan cities of Laayoune and Dakhla, confirming Washington’s recognition of Morocco’s sovereignty over its entire Saharan territory. An estimated total budget of $1.5 million has been earmarked for projects seeking to improve employment, labor, and training in the two Moroccan Saharan cities. […]