ouled-ziane camp

Africa’s diaspora remittances to grow 5,4% in 2024, market set to reach $500bn by 2035

Remittances to Africa and the Middle East, which play a pivotal role in many regional economies, significantly contributing to their GDP, are estimated to have increased 5.4% in 2024, primarily due to rebounded flows to Egypt, after a 14.6% decline in 2023. In 2024, remittance flows to low- and middle-income countries are expected to reach […]

France, Morocco making progress in implementing ‘ambitious’ joint roadmap – Foreign Ministry’s spokesperson

France and Morocco are making progress in implementing their “ambitious” joint roadmap, deputy spokesperson for the French Foreign Ministry said on Thursday. Talks between the French Foreign Minister, Stéphane Séjourné, and his Moroccan counterpart, Nasser Bourita, which took place in Paris on Tuesday, have “enabled us to make further progress in implementing the political agenda […]

Morocco’s aeronautics gaining momentum with opening of PC-12 assembly plant

Belgian aerospace company SABCA opened on Wednesday in Casablanca new assembly line of aerostructures of PC-12, a single-engine aircraft made by Swiss Pilatus Company. Built over a 16,000 m² area, the $16 million plant employs 240 skilled workers and engineers. Its inauguration ceremony was attended by Taoufiq Moucharraf, Secretary General of Industry ministry, Stephane Burton, […]