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UAE, first investor in Africa
The UAE companies topped the list of investors in the African continent, pledging projects worth 110 billion dollars between 2019 and 2023, the Financial Times reported. Most of the investments, or 72 billion dollars, went to renewable energy projects, FT said. These investments outweighed those announced by UK, France or China. UAE companies also have […]
Morocco to Build Landmark Projects in Its Southern Provinces
Morocco has unveiled several landmark socioeconomic development projects to be carried out in the southern provinces (Western Sahara) of the North African country, US major ally in the region. These projects, announced in Laâyoune on the occasion of the historic visit King Mohammed VI is paying to the region, will benefit Sakia El Hamra Laâyoune, […]
Morocco: World Bank anticipates growth of 1.1% in 2022 & 4.3% in 2023
Moroccan economic growth is expected to reach 1.1 pc this year before rebounding to 3.4 pc in 2023, says the World Bank in its latest updated forecast. The WB says growth in Morocco is projected to slow to 1.1% in 2022 as agricultural output declines by 17.3% due to the drought. The economy is projected […]



