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Morocco’s automotive industry exports up 16% in 2021
Morocco’s car industry sales rose 16% to stand at 84 billion dirhams, or $9 billion, contributing largely together with phosphates and agri-food products to a significant rise in exports. Morocco is home to two plants of French carmakers PSA and Renault as well as car part suppliers. Last year’s car exports outperformed pre-pandemic levels posted […]
Algeria: biggest defense spender
According to a report published by the Strategic Defense Intelligence (SDI) market research group, Algeria continues to be leading other countries in the continent’s defense expenditures. Algeria has been known to be a big spender in the defense market and the trend is expected to continue as Terrorism gains attention in the North African region. […]
IMF congratulates Morocco for COVID-19 vaccination performance
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has congratulated Morocco for the progress made in COVID-19 vaccination, as well as for its anticipatory strategy aimed at mitigating the effects of the health crisis and ensuring economic recovery. At a virtual meeting held on Friday with Minister of Economy & Finance […]



