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Eid al-Fitr in Africa: economic struggles, conflicts dampen festive mood
As Muslims across the Middle East and North Africa (MENA) region prepare to celebrate Eid Al-Fitr — the Feast of Breaking the Ramadan Fast — starting from Wednesday (11 April), people in many parts of Africa are bracing for low-key festivities due to the tough economic and security challenges that their countries are going through. […]
OECD forecasts 3.5% growth rate for Morocco in 2023
The Organization for Economic Co-operation and Development (OECD) projected the Moroccan economy to grow by 3.5% this year and 3.7% next year, in an optimistic forecast that is closer to the government’s expectations of 4%. In its recent projections, Morocco’s central bank sees the economy growing by 2.6% this year from 1.2% last year. The […]
Morocco’s Central bank expects fewer wheat yield in 2019
Due to insufficient rainfall, Morocco’s cereals yield would stand at 60 million quintals, less than the average 80 million quintals, central bank governor Abdellati Jouahri said. Last year, Morocco had a good cereals output of 103 million quintals following abundant rainfall, which reduced the country’s wheat import bill. Rainfall was 15.1% less compared to last […]



