The United Nations has announced that it will grant Cyclone-hit Mozambique and the Comoros Islands about $13 million in emergency funds. Cyclone Kenneth has left five dead in Mozambique as of Sunday as rescuers struggled through floods to reach stranded people. The flooding is worst in the northern port city of Pemba, where 4,500 people […]
The indicators of Moroccan economy showed a positive evolution in 2018. Thus foreign direct investments (FDI) amounted to 30.2 billion dirhams at the end of the first ten months of the current year, compared to 21.3 billion at the end of October 2017. However, the trade deficit is worsening. According to the Exchange Office (Office […]
Trade between Morocco and China grew by 50% from 2021 to 2022 as China becomes Morocco’s first trading partner in Asia. Mehdi Laraki, head of Morocco-China business council, told le360 that Chinese investments in Morocco totaled 56 million dollars in 2022 in vital fields such as industry, transport, real estate, and energy. There has been […]
