Morocco’s economic growth is expected to pick up gradually and average 3.3 over 2020–2021, mainly driven by more dynamic secondary and tertiary activities, bolstered by high foreign investments, according to the World Bank forecast. Significant FDIs continue to flow into Moroccan automotive industries, especially in the new Peugeot plant – that will eventually double the […]
Severe hunger is sliding toward famine-like conditions in the Horn of Africa, particularly in Somalia, United Nations (UN) agencies warn, which is the result of four years of consecutive drought that have wiped out peoples’ ability to grow the crops they need to feed themselves. The World Food Program (WFP) has reported that up to […]
Morocco’s mining company Managem completed its partnership with China’s Wanbao to acquire 65% of Gabgaba gold mine in Sudan. The deal is in line with Managem strategy to develop its investments in Africa and develop its activities in Sudan, Managem said in a statement. Managem together with Wanbao will expand the Gabgaba mine […]
