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S.Africa slams U.S. tariffs as ‘desperate empire’s last kicks’ amid wider African pushback

South African Mineral Resources Minister Gwede Mantashe has sharply criticized the 30% tariffs imposed by the U.S. on South African exports, calling them a symptom of a “declining empire” lashing out in desperation. “The danger with the US imposing the 30% tariffs is that it is the kicking of a declining empire,” Mantashe told industry […]

OECD forecasts 3.5% growth rate for Morocco in 2023

The Organization for Economic Co-operation and Development (OECD) projected the Moroccan economy to grow by 3.5% this year and 3.7% next year, in an optimistic forecast that is closer to the government’s expectations of 4%. In its recent projections, Morocco’s central bank sees the economy growing by 2.6% this year from 1.2% last year. The […]

EBRD Looks Forward to Enhancing Partnership with Morocco

Vice President of the European Bank for Reconstruction & Development, Alain Pilloux, starts this Monday a three-day working visit to Morocco for meetings with government officials and businesses. The visit confirms the EBRD’s commitment to boost Morocco’s economic potential through investment projects and policy engagement. “It shows our continued support for the Moroccan economy, through […]