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Tunisia’s foreign exchange reserves down 3%
Cash-strapped Tunisia reported a 3% decrease in its foreign exchange reserves to 22.9 dinars ($ 7.5 bln), enough to cover 99 days of imports, as the country struggles to access foreign debt amid a biting social and economic crisis. The decline follows the government’s $1 billion Eurobond repayment in February, reducing import coverage. The government […]
Souss Region Farmers Contribute to Building of World’s Biggest Water Desalination Plant
Local farmers in the Souss region are financially contributing to the building of the world’s biggest water desalination plant whose water will help irrigate the plains of Chtouka. The farmers are contributing €1000 (10,000 dh) per each hectare in an unprecedented success story of the public-private partnership in Morocco, local media reported. The contributions will […]
Tanzania Supports Morocco’s Return to African Union
Tanzania’s President John Joseph Magufuli Pombe has expressed his country’s full support to Morocco’s bid to rejoin the African Union and to retake “its legitimate seat”. In a joint statement issued at the end of the official visit paid by King Mohammed VI to Tanzania (Oct.23-25), Magufuli voiced willingness to support and defend Morocco’s return […]



