Moroccan investments in Africa

Spain has undermined neighborliness, mutual respect- Morocco says

Morocco’s ambassador to Spain Karima Benyaich said Morocco deplores the inappropriate and fallacious statements uttered by Spain’s foreign minister, adding that Rabat blames Spain for undermining neighborliness and mutual trust. Speaking to the media in Rabat, Benyaich said Spain’s foreign minister Arancha Gonzalez Laya has given over the past few days deplorable statements that are […]

Egypt: Will tourists come back to the rescue of an ailing economy?

In 2010, Egypt ranked among the 20 top tourism countries in the world with a honourable 18th place. A year later, the Arab spring swept over Egypt, scaring away the 14 million international tourists who visits the country yearly. In 2011, the revolution that toppled President Hosni Moubarak dealt a serious blow to the tourism […]

IMF loans Burkina Faso $80.7m to address global food crisis impact

The International Monetary Fund (IMF) has loaned Burkina Faso $80.7 million to help the West African country surf the impact of the global food crisis. “Food insecurity in Burkina Faso has increased significantly owing to deteriorating security conditions, which led to the displacement of about 2 million people; unfavorable climate events; supply-chain disruptions following the […]