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Morocco’s King underscores resilience of Moroccan economy
King Mohammed VI highlighted the resilience shown by the Moroccan economy in a troubled region, amid a difficult global context marked by the pandemic’s repercussions. The pandemic had an unprecedented impact on the Moroccan economy but thanks to measures spurred by the King, the economy is on track to recovery. “The growth rate is expected […]
Kenya’s economy powers ahead to overtake Angola, as Ethiopia stretches its lead
The size of Kenya’s economy will overtake that of Angola, Africa’s leading oil producer, this year even as Ethiopia stretches its lead, according to the projection presented in the International Monetary Fund’s (IMF) latest World Economic Outlook. The IMF projects Angola’s gross domestic product (GDP) to shrink during the period, hence catapulting Kenya, whose economy […]
Automotive Industry: Faurecia expands presence in Morocco with 4th plant
The French automotive tech company Faurecia, one of the world’s leading automotive suppliers, is set to open its fourth factory in Morocco, expanding thus its presence in the Kingdom. A memorandum of understanding relating to the creation of the new plant which will produce textile and leather covers for automotive seats, was signed last week […]



