Artisanat-marocain

World Bank expects Morocco’s economy to contract 4% in 2020

The World Bank delivered bleak prospects for growth in Morocco which was seen dropping to -4% in 2020 from 2.5% last year on the backdrop of the coronavirus outbreak. The forecast is close to that of the -3.7% put forward by the IMF for 2020 to which drought worsened Morocco’s growth prospects. The spread of […]

Anti-government protests gain traction in Kenya

Protesters took to the streets in various Kenyan cities calling for President Ruto to step down, as police shot tear gas and clashed with demonstrators. At least one person was killed in the renewed protests, despite president Ruto firing most of his cabinet members, Reuters reported. The protests erupted against tax hikes a month ago, […]

Automotive: Canadian Magna Builds Mirrors Plant in Morocco

Magna, one of Canada’s largest automobile parts manufacturers, has launched construction works for the building of a new facility in Kenitra, Morocco, to supply global automakers with exterior and interior mirror systems. The 61,400-square-foot facility represents an investment of $11.3 million by Magna and is expected to create up to 275 jobs. Production at the […]