The United States, which recognizes Morocco’s full sovereignty over its entire Saharan territory, is expected to release $5 billion funding for the development of the Moroccan Sahara, set to become a major regional economic hub, says Africa Intelligence news website. After years of being frozen under Joe Biden’s Democratic administration, the Trump administration will release […]
Gavi, the Vaccine Alliance, said it signed a deal with Bavarian Nordic to acquire 500,000 Mpox jabs to be sent to Africa urgently. The vaccine’s will be funded by Gavi’s First Response Fund, a new financial mechanism created in June 2024 to make cash rapidly available to purchase vaccines in health emergencies. The Mpox outbreak […]
Increased imports and falling receipts from tourism and remittances by Moroccans living abroad have widened the trade deficit to 40.2 million dirhams, that is 36% rise compared to the same period last year. The trade deficit stood at 29 million dirhams the same period last year, the Moroccan foreign exchange regulator said in its latest […]
