More than 25 years after its creation, the Maghreb Union, an economic bloc comprising Morocco, Mauritania, Algeria, Tunisia and Libya finds itself in a state of paralysis unable of tapping into its economic and trade potential, said the World Economic Forum (WEF) in a recent publication on the region. “The Maghreb, in Northern Africa, is […]
Credit rating agency Moody’s maintained Morocco’s BA1 positive ranking, and noted that the country’s credit strengths reflect a structural shift towards higher value-added export industries and fiscal improvements, which could lead to stronger non-agricultural growth and a stabilization and gradual reduction in public sector debt. “Morocco is strategically positioned within global value chains in the […]
Algeria’s state coffers have dried up! The country’s president now delivers public addresses to try in vain to reassure the people about the supply of cooking oil, flour and milk as queues get longer every day in front of stores. Ramadan this year is tough for Algerians who are hit by the double impact of […]
