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Africa: A 4% growth rate in 2023, outpacing IMF’s global forecast — AfDB report
The African Development Bank predicts the continent’s growth will be stronger-than-expected at 4% this year. Its cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies “Despite the confluence of multiple shocks, growth across all five African regions was positive in 2022- […]
Morocco prevents more than 75 thousand migration attempts in 2023
The number of migration attempts foiled by Morocco in 2023 increased 6% year-on-year to 75,184 as the number of rescue operations at sea also grew, the interior ministry said. The same year, the Moroccan navy rescued 16,818 people, up 35%. The rescued migrants received medical assistance and accommodation in keeping with Morocco’s humane approach to […]
Germany backs Morocco’s OCP green hydrogen plant with $32 Million
Germany is backing Morocco’s green hydrogen production with a $32 million (€30 million) investment in OCP Group’s green hydrogen plant in Jorf. The funding by the German PtX Development Fund is intended to support sustainable fertilizer manufacturing, according to German media reports. The PtX Development Fund, endowed with a budget of €270 million, is initiated […]



