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Moroccans, Russians & Algerians Save Tourist Season in Agadir

After a sharp drop in tourist arrivals last June which coincided with the holy month of Ramadan, the tourism sector in Agadir is showing signs of recovery thanks to significant rise in national, Russian and Algerian tourists. Much to the delight of tourism professionals, most hotels in Morocco’s second tourist destination were fully booked in […]

Morocco: King Launches in Rabat National “Ramadan 1445” Operation, Benefiting One Million Households

King Mohammed VI launched, on Wednesday at the Yaacoub El Mansour District in Rabat, the national “Ramadan 1445” operation, initiated by the Mohammed V Foundation for Solidarity on the occasion of the holy month of Ramadan. The operation is benefiting one million households, or nearly 5 million people. Highly significant during this blessed month, this […]

Resilience through tough times: East Africa’s economic recovery hindered by debt and deficits

The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current deficits and limited economic diversification plans, according to the latest forecast by the African Development Bank (AfDB). The AfDB forecasts the region’s GDP at 4% this year, before recovering to […]