RSF

Morocco to cut budget deficit to 3% in 2026

The Moroccan government expects to cut its budget deficit to 3% of GDP in 2026, from 3.5% this year, as it continues to pursue fiscal consolidation and structural reforms, finance minister Nadia Fettah Alaoui said. The government expects to narrow the deficit thanks to tax reforms, while maintaining support for strategic investments and social programs, […]

GYPTO Pharma to manufacture drugs in KSA under $129m deal

Egyptian holding company GYPTO pharma and several other local companies signed Monday $129.44 million worth of contracts with Saudi Arabian Med City Pharma company to transfer drug manufacturing technology and production to the kingdom, ‘Ahram Online’ reports. Under the deal, GYPTO Pharma will also manufacture some of its drug brands in Med City’s factories in […]

Africa tourism leaders forum discusses ways to revive the sector post-Covid-19

Africa’s leading tourism operators, counting 450 delegates from 43 countries, are attending a three-day Africa Tourism Leadership Forum in Gaborone, Botswana, to discuss how to revive the industry ravaged by the Covid-19 pandemic. With intra-African travel at the top of the agenda, Botswana’s President Mokgweetsi Masisi told attendees they need to focus on ways to […]