tanger Med port

WB Sees Morocco’s GDP Growth Rebounding to 3.8% in 2017

The World Bank (WB) said in its semi-annual MENA economic Monitor that GDP growth in Morocco will rebound to 3.8% in 2017 on the backdrop of abundant rainfall auguring a good agricultural season. The report noted that growth would improve to 3.8% after the Moroccan economy endured the impact of drought in 2016 which dragged […]

ICAO: African airlines lost $14 billion in 2020 due to COVID -19

The Covid-19 pandemic has dealt a severe blow to African transporters, who in 2020 experienced a historic drop in business. According to data published by the International Civil Aviation Organization (ICAO) last week, they have lost $14 billion in revenue in passenger transport over the past year. In 2020, the continent’s airlines recorded a drop […]

Morocco’s Aeronautics reaches Domestic Sourcing Rate of 29%, Exports up 18% in 2017

Morocco’s aviation industry is cruising full speed steadily and spreading its wings for takeoff. This is what the figures released by the aeronautics federation (GIMAS) show. The domestic sourcing rate of the sector jumped from 17% in 2016 to 29% in 2017, while exports value rose by 18.4 during the same period. This progress is […]