Haftar troops seize Syrte

Morocco’s economy gains momentum as king highlights industry, tourism growth

Morocco’s King Mohammed VI highlighted on Throne Day the progress made by the country’s economy, citing strong growth, rising industrial exports and record tourism arrivals, while urging the financial sector to do more to support investment and small businesses. In a speech marking the 27th anniversary of his accession to the throne, the king said […]

Japan lends Morocco $200 mln in aid

Japan has offered Morocco a loan of $200 million to back the coronavirus response program. An agreement was signed in this regards between Morocco’s finance ministry and Japan’s international cooperation agency (JICA). This loan aims at helping the government deal with the health, social and economic repercussions of the pandemic. JICA has been operating in […]

S.Africa slams U.S. tariffs as ‘desperate empire’s last kicks’ amid wider African pushback

South African Mineral Resources Minister Gwede Mantashe has sharply criticized the 30% tariffs imposed by the U.S. on South African exports, calling them a symptom of a “declining empire” lashing out in desperation. “The danger with the US imposing the 30% tariffs is that it is the kicking of a declining empire,” Mantashe told industry […]