Russian mercenary firm Wagner Group

Libya: GNA Announces Move to Tripoli, Tensions Flare up

Libya unity government led by Prime Minister-designate Faiez Serraj announced Monday it has started moving to capital Tripoli as security arrangements seem complete. “The security preparations for the unity government to take office in Tripoli have been completed, and the presidency council has started moving to the capital to carry out its duties,” the Presidency […]

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 […]

Morocco gets $250 Mln World Bank loan for economic development of Nador region

The World Bank approved Friday a $250 million loan to Morocco for the economic development of its North-Eastern region. The funding will help improve transport connectivity and enable private sector growth in the North-East region, notably around the development of the Nador West Med (NWM) maritime complex. Morocco is implementing a major infrastructure investment plan […]