The foundation stone of the first cocoa processing plant in Côte d’Ivoire was laid Thursday in the port city of San Pedro. The plant is expected to process half of the country’s cocoa production. The plant, funded by regional financial conglomerate Atlantic Bank Group, will cost around €111 million and will stretch over 9 hectares […]
The African Development Bank (AfDB) expects a 4 pc GDP growth in Morocco in 2021 after the country’s economic activity was affected like other countries around the world by the Covid-19 pandemic. In its “African Economic Outlook 2020 – Supplement”, the African Bank says Morocco’s budget and current account deficits should improve next year, respectively […]
Iran is infiltrating North Africa and Sahel through using malign actors such as the Algeria-backed Polisario separatist to sow instability in the region, Morocco’s representative to the UN Omar Hilal said. The comment came in response to a question on Morocco’s reaction to news claiming that Polisario has acquired Iranian drones. “After destabilizing Yemen, Iran […]
