The Moroccan government is elaborating a budget bill forecasting growth at 4.5% in 2023 after 1.5% in 2021, assuming an average agricultural output. Growth has decelerated in 2021 as the country faces the worst drought in decades, coupled with imported inflation pressures affecting the trade balance due to higher energy imports. The 2023 growth forecast […]
A French court ordered the seizure of three Nigerian presidential jets in an arbitration case filed by a Chinese company alleging a breach of contract by the West African country, the Financial Times said. The Chinese company, Zhongshan, initiated arbitration proceedings against Nigeria in 2018 accusing the government of failing to uphold its commercial commitments. […]
Member of UK Parliament Liam Fox has expressed support for the autonomy plan offered by Morocco for the Sahara under its sovereignty, saying the plan is the “only practical way” to move forward and end the stalemate. The former UK trade secretary made the remarks Wednesday in Rabat following talks with Moroccan foreign minister Nasser […]
