The restrictive measures to slow the outbreak of the coronavirus ensued revenue losses estimated at $600 million for five Moroccan state-owned enterprises. These include flag carrier RAM, which loses up to $100 million per month, national electricity and water utility with $44 million, airports agency with $30 million, rail operator ONCF with $28 million and […]
The African Union summit in Niamey brought together heads of state in the continent to launch a continental free-trade zone that, if successful, would unite 1.3 billion people and create a $3.4 trillion economic bloc. So far, 54 African State agreed on the accord setting up the African Continental Free Trade Area (AfCFTA), which would […]
Equatorial Guinean Minister of Foreign Affairs Simeón Oyono Esono Angue is currently visiting Morocco, carrying a message from President Teodoro Obiang Nguema Mbasogo to King Mohammed VI. “I am carrying a message from H.E. Obiang Nguema Mbasogo to H.M. King Mohammed VI,” the Foreign Minister told the media after talks with his Moroccan peer Nasser […]
