IS-debiq

World Bank: Morocco’s Economic Growth to Rise to 3.3 in 2020-2021

Morocco’s economic growth is expected to pick up gradually and average 3.3 over 2020–2021, mainly driven by more dynamic secondary and tertiary activities, bolstered by high foreign investments, according to the World Bank forecast. Significant FDIs continue to flow into Moroccan automotive industries, especially in the new Peugeot plant – that will eventually double the […]

Morocco’s dam reserves improve to 45% after heavy rains

Morocco’s dam reserves have risen to 45.2% of capacity after months of rainfall, offering the country rare relief following several years of severe water shortages, official data showed. Stored water volumes increased from 5.6 billion cubic meters to 7.6 billion m³ over four months, a gain of nearly 2 billion m³, driven mainly by a […]

CAR defies Kremlin push to replace Wagner with state-run Africa Corps

The Central African Republic (CAR) is resisting Russian pressure to replace the Wagner Group with the Kremlin’s newly formed Africa Corps, amid demands for cash payments rather than the mineral-for-security model that has long defined the partnership. According to senior officials in Bangui, Russia’s Deputy Defense Minister made several visits this year urging CAR to […]