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African Union: High-level Meeting of Committee of Fifteen Ministers of Finance Kicks off in Rabat

The high-level meeting of the Committee of Fifteen Ministers of Finance of the African Union (F15) opened Monday in Rabat on the theme “Beyond COVID-19 pandemic and Russia-Ukraine Conflict: Enhancing the Resilience of African Economies and Financial Sustainability of the African Union”. The participants in this event, co-organized by the ministry of Economy and Finance […]

Morocco’s King receives Central Bank’s report confirming country’s economic resilience

Morocco’s economy showed resilience to external shocks thanks to the diversification strategy and the reforms undertaken over the past two decades, said Governor of Bank Al-Maghrib in an address he made Saturday before King Mohammed VI. The Moroccan economy, suffering from a challenging global context and a particularly severe drought, grew by 1.3 pc in […]

Luxury tourism in Africa fails to benefit local communities, University of Manchester Study Finds

Luxury tourism in Africa is often promoted as a high-value, low-impact development model, while its actual benefits to local communities are minimal, a new study from the University of Manchester found. The study, published in the African Studies Review, raises serious concerns about the long-term sustainability and equity of luxury tourism strategies across Africa. In […]