France retained its position as the first source of foreign direct investments in Morocco in 2023 with 680 million dollars, compared with 380 million a year earlier, Morocco’s foreign exchange office said. French investments represented 61% of overall investments in Morocco last year, the office said in a report. The UAE came second with investments […]
The weak growth trajectory of Africa’s three largest economies, Egypt, Nigeria and South Africa, which together account for about 60% of Africa’s GDP, could exacerbate social unrest in the region, a report by UNCTAD, the United Nations trade body, has warned. Growth prospects in South Africa and across the continent have deteriorated, which threatens to […]
The US Navy was planning to participate in the African Sea Lion 2020, with its amphibious assault ship USS Bataan (LHD-5) now redirected to the Middle East. Amid escalating tensions between the USA and Iran, the Pentagon has canceled the joint American-Moroccan marine exercise, African Sea Lion 2020, that was due to start on January […]
