IMF: Algeria Still Undergoes Major Difficulties Due to Lower Oil Prices

Algeria continues to face important challenges posed by lower oil prices, says the International Monetary Fund Executive Board after concluding Article IV consultation with the North African country. Economic growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016, partly under the effects of spending cuts. Inflation increased from 4.8 percent in 2015 to […]

African Lion drills cement Morocco’s role in US security strategy

Morocco has emerged as a key partner in Washington’s efforts to strengthen security across Africa, according to General Dagvin Anderson, Commander of U.S. Africa Command (AFRICOM). In an interview with Moroccan outlet Hespress, Anderson said the continent is now a stage for global strategic competition, with Russia and China seeking influence through varied means. The […]

Tourist Arrivals in Morocco up 8% in First Eight Months of 2018

The number of tourists visiting Morocco between January and August 2018 increased 8% to 8.7 million compared with the same period last year. International tourist arrivals rose 14% while Moroccans living abroad visiting their homeland rose 2%, the tourism ministry said in its latest statistics. Arrivals from main tourist emitting markets showed a 14% increase […]