startups

Remittances from Moroccans abroad to hit record level in 2022

Remittances from Moroccans abroad are expected to hit 11 billion dollars, a record level compared to 9.3 billion last year, the World Bank said in a recent report. Remittances are key to feeding Morocco’s foreign exchange reserves, which cover around 6 months of import needs, according to the central bank. Morocco, whose diaspora is mainly […]

Morocco’s King renews call to Algeria to normalize relations, open borders

King Mohammed VI of Morocco has once again reached out to Algeria, renewing his call to normalize relations between the two neighboring countries, to open borders, and to make the logic of wisdom prevail to remedy an anachronistic situation. “I reiterate my sincere call to our brothers in Algeria for us to work together, without […]

Gabon’s Afrijet calls for more competition to bring down price of flight ticket

Afrijet, Gabon’s only airline providing domestic flights, has called for more competition and tax reforms as part of the efforts to slash down the price of flight tickets. “Dreaming of competition to be able to set prices is not according to this debate, but according to the reality of our costs! Like all economic actors, […]