isis-ethiopia

Morocco moves further up in doing business index

Morocco improved its ranking jumping 7 spots in the World Bank’s 2020 Doing Business report to take the 53rd place amid 190 countries. According to the report, Morocco is the country offering the best business climate in North Africa ahead of Tunisia (78th), Egypt, Mauritania and Libya. Morocco’s closest neighbor, oil-rich Algeria, continued to lag […]

Morocco’s aerospace industry prepares for post-Covid recovery – Reuters

Morocco has an active aerospace industry cluster which saw exports dip due to the pandemic but operators started to see light at the end of the tunnel, wrote Reuters in a spotlight on the industry. Morocco has set up clusters for aerospace part manufacturers that supply Boeing, Airbus and Safran. So far, Morocco produces 38% […]

Libyan Oil Revenues Increase to $14 bln in 2017

Libya managed to reduce its budget deficit in 2017 thanks to a sharp rise in oil revenues totaling $14 billion, the Libyan Central Bank said. The exponential increase in oil revenues up from $4.8 billion in 2016 is still much below the $50 billion registered in Libya before the fall of Gaddafi’s rule. The Central […]