Aziz Akhannouch, Agriculture and Fisheries Minister and head of the RNI party, was ranked Morocco’s wealthiest man in Forbes 2018 ranking of World’s Billionaires. Akhannouch, the owner of Akwa group, with a total wealth of $2.2 billion came ahead of his countryman Othman Benjelloun, President of BMCE Bank with $1.7 billion. Akhannouch’s wealth came largely […]
The International Monetary Fund (IMF) commended Morocco’s tax reforms which enabled an enlargement of the tax base, narrowed the fiscal deficit and helped finance key reforms. “As a result, tax revenues in 2024 have been greater than expected. With only a small part of the additional tax revenues being saved, the central government’s deficit for […]
The European Union is eyeing the potential of Africa’s yet-to-be-developed green hydrogen industry, deepening climate and energy partnerships in the process, as evidenced by the recently inked $34 billion deal for a giant green hydrogen project in Mauritania. After a recent rush on Africa’s natural gas resources following the Russia-Ukraine war flare up in March […]
