unemployment rises

World Bank puts growth in Sub-Saharan Africa at 3% in 2024

The World Bank revised downwards economic growth in Sub-Saharan Africa to 3% instead of 3.4%, citing the impact of the war in Sudan. The forecast is still higher than the 2.4% registered last year, thanks to increased private consumption and investment, the Bank said in a recent report. The report forecasts growth of 3.9% for […]

Morocco tops Maghreb region, Algeria lags in economic freedom- Fraser Institute

Morocco was ranked the most economically free country in North Africa, while its gas-rich neighbor took the backseat regionally and internationally, the Fraser Institute said. The 2022 World Economic Freedom Report includes an index measuring the degree to which the policies and institutions of countries are supportive of economic freedom Out of 165 countries, Morocco […]

Morocco welcomes new Security Council Resolution on Sahara

Morocco welcomed the adoption by the UN Security Council of resolution 2654 extending the UN mission in the Sahara (MINURSO) for another year and urging the real parties to the conflict including Algeria to act in good faith towards a realistic solution based on compromise. The position was expressed by the Moroccan foreign ministry in […]