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Algeria: gearing up economic transformation

A top economic consultant and advisor of the Algerian government, Abdelhak Lamiri, has hinted that the government could be announcing economic reforms which could open the economy to foreign investors after the 2014 elections. In recent times, the government has taken several policies oriented towards liberalization. The current government is gearing up for an immense […]

AfDB Lends Morocco Over $200 Mln for Social & Health Services

The African Development Bank approved on Wednesday a $204 million loan to Morocco to help the North African country upgrade social and medical services provided to disabled persons, poor women and children. The funding will finance the building of two hospitals in the southern cities of Guelmim and Ouarzazate, set up 144 units for special […]

Fitch Solutions upbeat outlook over Morocco’s tourism growth prospects

Morocco’s tourism arrivals will continue to expand in 2024, building on the market’s ability to recover to its pre-pandemic arrival (2019) levels in 2023, says Fitch Solutions in its latest business monitoring report. Over the medium term (2024-2028), a projected annual growth of 4.4% will be supported by the government’s 2023-2026 Tourism Strategic Roadmap, adds […]