Morocco GCC

Resilience through tough times: East Africa’s economic recovery hindered by debt and deficits

The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current deficits and limited economic diversification plans, according to the latest forecast by the African Development Bank (AfDB). The AfDB forecasts the region’s GDP at 4% this year, before recovering to […]

Rabat, Abuja Determined to Shape Better Future for Africa

Moroccan-Nigerian cooperation has gained momentum during the past couple of years, prompting an upbeat outlook of the business community over the two countries’ economic partnership. Morocco and Nigeria are two regional powers. They are aware of their huge potentials and untapped resources. Their economies are complementary, not competitive. The North African Kingdom has the world’s […]

U.S. Farmers Pushing for Removal of Duties on Fertilizers from Morocco Amid Soaring Prices Fuelled by Iran’s War

Sixty-four agricultural groups, including the National Corn Growers Association (NCGA), have sent a letter to the chief executives of two of the nation’s largest domestic fertilizer producers, urging them to support the removal of duties placed on imported phosphate products from Morocco. “The recent Middle East conflict has led to increases in the prices of […]