The Moroccan government increased the budget allocated for defense to 133 billion dirhams ($13.5 bln) as it prepares to promote defense industries and upgrade equipment, as shown in the draft budget for 2025. This year, Morocco’s defense budget was at 124 billion dirhams, highlighting the country’s efforts to modernize its army with state-of-the art technologies. […]
Once the largest economy in the continent, South Africa reels under infrastructure degradation that risks ditching the country’s economic growth, according to S&P Global Market Intelligence. Infrastructure dysfunctions, notably irregular electricity, supply hit production at Africa’s most industrialized nation, stoked unrest and worsened the country’s macroeconomic balances. Thea Fourie, Director for Sub-Saharan Africa Economics and […]
The Summit of the International Transport Forum (ITF 2022), held under the theme “Transport for Inclusive Societies”, kicked off, Wednesday in Leipzig, Germany, under the presidency of Morocco. The three-day event, which brings together delegations from some 80 countries, is chaired by the Minister of Transport and Logistics, Mohammed Abdeljalil. As the first Arab and […]
