Abdelaziz Bouteflika

COVID-19: Extension of state of health emergency in Morocco until Sept.30, 2022

The Moroccan Government decided this Wednesday at at cabinet’s meeting to extend the state of health emergency until September 30, 2022, to continue to ensure the effectiveness and efficiency of measures taken by public authorities to stem the spread of the Covid-19 pandemic. The Government Council examined and adopted a draft decree, presented by the […]

Chinese Citic Dicastal Group sets up second plant in Kénitra

The Chinese group Citic Dicastal, world leader specializing in aluminum casting and in the production of aluminum automotive parts, inaugurated, on Saturday in Kénitra, the second production plant for aluminum rims for a total investment of €350 million. This new plant, whose construction works were launched in November 2019, will double the annual production capacity […]

Africa pays high price for misjudged risk — $75bn lost annually

Misjudged risk assessments and persistent financial bias are costing African countries a staggering $75 billion annually in inflated borrowing costs and lost revenues, according to the Africa Finance Corporation (AFC). AFC President Samaila Zubairu described the misperception as a “prejudice premium,” arguing that Africa’s default rates are “really, really exaggerated.” Research by Moody’s Ratings supports […]