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Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018

Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]

Morocco tops raspberries suppliers to UK

Morocco has stepped up its raspberries exports becoming the top supplier for key markets such as the UK where it sold $86 million in 2022 of the reddish-pink fruit, specialized farming website East Fruits reported. Morocco’s raspberries exports to the UK grew 40 times to 15,800 tons this season as many Moroccan farmers see opportunities […]

Towards a warming up of Relations between Morocco, South Africa

King Mohammed VI received on Wednesday in Abidjan President of South Africa Jacob Zuma, and the two leaders, who are both taking part in the 5th African Union-European Union Summit, talked about the future of their countries’ relations. The meeting, the first between the two leaders, was described as “warm, candid and characterized by good […]