tunisia-phos

Morocco, Second Biggest Market for French Weapons in Africa

Morocco bought €127 million worth of French arms in 2016, making it the second weapon market for France in Africa, said the French Defense Ministry. Morocco came second in terms of spending on French arms behind Egypt, which spent €1.3 billion in the same year, the Ministry said in a report. Since 2012, French arm […]

Algeria’s FX Reserves Tumble 50 pc in Q1 2015 Raising Social Concerns

Algeria’s foreign exchange reserves plummeted by half in the first quarter of 2015 due to the fall in global crude oil prices, the country’s central bank said. The forex reserves went down by $ 19.02 billion to $159.9 billion in the first quarter of 2015, Algerian central bank added, noting that the sales of hydrocarbons […]

Morocco’s King Calls for pooling efforts to face up the environment degradation threat

King Mohammed VI has called on the international community to pool efforts to take up the challenge of the degradation of the environment. “The degradation of our environment is now a tangible reality. It poses a threat that we must address together,” underscored King Mohammed VI in a message to the Climate Action Summit, which […]