Coronavirus to weigh on Moroccan 2021 budget

Finance Minister Mohamed Benchaaboun said the economic impact of the coronavirus will continue to reverberate in 2021 as the government faces prospects of a sharp drop in revenue and higher spending. Tax revenue is expected to fall by 25 billion dirhams while additional spending should be mobilized to fund social landmark projects such as the […]

Ethiopia on Edge as Egypt-Somalia Defense Pact Shifts Regional Balance

The Horn of Africa is buzzing with tension as Ethiopia eyes a recent defense agreement between Egypt and Somalia with growing unease. This diplomatic move has stirred up a complex web of regional disputes, threatening to upset the delicate balance of power in this strategically crucial area. At the heart of the matter are two […]

Morocco’s Dakhla poised to serve as investment gate to Africa – Oxford Business Group says

Morocco has prepared a propitious investment infrastructure in Dakhla in the Sahara region, which is now poised to serve as a gate for Africa, the Oxford Business Group said. The region already enjoys a GDP per capita that is twice higher than the national average and boasts a diversified economy that comprises fisheries, tourism, renewable […]