The surge in inflation led to the erosion of the purchasing power of Algerians in a country suffering a shortage in foodstuff, medicine, and water. The salaries of 2010 lost half their value today amid a steep rise in prices of main grains and foodstuff, TSA and other Algerian media said. The situation has deteriorated […]
The European Bank for Reconstruction and Development has lent French aerospace manufacturer Figeac Aéro SA €38 million to finance its production expansion in Morocco and Tunisia. The EBRD loan will support the transfer of skills and advanced technology and an improvement in local quality standards towards international levels. The creation of new jobs in countries […]
Morocco recorded a robust 55% increase in foreign direct investment (FDI) in 2024, attracting $1.64 billion and reaffirming its growing appeal to international investors, according to the World Investment Report 2025 published by UNCTAD. The country’s diversified industrial strategy and leadership in renewable energy continue to position it as a rising economic hub in Africa. […]
