Felipe-VI-Mohamed-Aeropuerto-Rabat

Covid-19: Moroccan Economy Loses $ 2.9 Bln & 8.9 Pts of GDP in Q2

The global coronavirus epidemic will knock 8.9 points off of Morocco’s economic growth in the second quarter of 2020, says Morocco’s Statistics agency (HCP). In its updated forecast for first semester of 2020, le “Haut Commissariat au Plan” says Covid-19 will cost the country $2.9 billion in economic loss due to a sharp drop in […]

Kenya races to secure U.S. trade pact as AGOA nears expiry

With the African Growth and Opportunity Act (AGOA) set to expire in September, Kenya has launched last-minute negotiations with the United States to secure a bilateral trade agreement that could reshape its economic future. A high-level Kenyan delegation, led by Trade Cabinet Secretary Lee Kinyanjui, held talks in Washington with U.S. Trade Representative Ambassador Jamieson […]

Algeria Risks U.S. Sanctions for Purchase of Russian Fighter Jets

The Algerian regime risks American sanctions for purchasing Russian military jets (SU35 and SU 57) under CAATSA law passed by the US Congress in 2017. The Countering America’s Adversaries Through Sanctions Act imposes sanctions on Iran, North Korea, and Russia. The Algerian acquisition of Russian military jets “could trigger CAATSA sanctions”, said on Tuesday Mr. […]