With Russia’s invasion of Ukraine in its seventh month, Nigerians are feeling a harder punch with the scarcity of energy sources, wheat and fertilizer, as well as a worsening foreign exchange scarcity. While oil and gas exports account for 90% of Nigeria’s foreign exchange earnings, falling oil output and demographic growth mean that production is […]
Morocco’s government is closely monitoring the impact of rising geopolitical tensions on the national economy and prices, government spokesperson Mustapha Baitas said, stressing the resilience of the country’s economic fundamentals despite the global uncertainty. The government, he said, “continues to follow the situation closely and will not hesitate to take any additional necessary measures to […]
Morocco and the Secretariat General of the Gulf Cooperation Council (GCC) signed a memorandum of understanding to promote cooperation in the cultural field. The MoU reflects the two sides’ common resolve to strengthen brotherhood ties and fruitful cooperation between the two parties and to bolster cooperation in the cultural and civilizational fields. The document materializes […]
