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TotalEnergies abandons Algeria project for bureaucracy problems
French giant Total Energies has ditched a petrochemical project in Arzew in Oran in Western Algeria, a withdrawal that analysts blamed on Algeria’s bureaucracy. The news was relayed by Africa Intelligence news outlet on the eve of a visit by French President Emmanuel Macron to the country. The French firm has sealed a deal wih […]
Morocco’s budget deficit drops to $6.4 bln in 2024
Morocco’s budget deficit shrunk to 64.4 billion dirhams ($6.4 bln) in 2024, from 74.9 billion dirhams, as a rise in government revenue continued to offset higher spending, the Moroccan treasury said. The deficit eased to 3.9% last year from 4.4% a year earlier, as the government increases its ordinary revenue and tax receipts, it said. […]
Morocco, Ghana express shared resolve to upgrade military partnership
Morocco and Ghana have expressed shared resolve to upgrade military partnership between the two countries’ Armed Forces and to explore means of expanding this partnership. This came during a meeting in Rabat Tuesday between Inspector General of the Royal Armed Forces and Commander of the Southern Zone, Lieutenant General Mohammed Berrid, and Chief of the […]



