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WB: Morocco’s growth to pick up to 3.5% in 2023 & 3.7% in 2024

The World Bank expects Morocco’s economic growth to increase to 3.5 percent in 2023 and 3.7 percent the following year as the country’s agriculture sector recovers gradually from last year’s drought. The spending of the North African Govt. is expected to partially offset weakness in private consumption stemming from high inflation, underlined the WB in […]

UN warns against Red Sea crisis escalation, as disrupted shipping prompts Africa price concerns

The United Nations has warned against escalation in the Red Sea following multiple airstrikes by US and UK forces targeting Houthi rebels in Yemen who have vowed fierce retaliation. “These developments in the Red Sea and the risk of exacerbating regional tensions are alarming,” the UN Assistant Secretary-General, Khaled Khiari, has said, calling for the […]

Algeria: French ‘Le Monde’ Denied Visa to Cover Valls Visit to Algiers

Algerian authorities have refused to issue entry visas for “Le Monde” journalist to cover French Prime Minister Manuel Valls’ two-day official visit to Algiers in retaliation to the paper’s publication of Algerian President’s photo on its front page beside photos of world leaders named in the Panama Papers leak. “Algerian authorities have refused to issue […]