Business Headlines Maghreb Morocco

Morocco to alleviate financial burden on Covid-hit tourism industry

The Moroccan parliament is examining a draft law submitted by the government to protect tourism companies from becoming insolvent. The law 30.20 would enable businesses operating in the tourism sector including hotels, travel agencies and airlines to exchange bookings canceled over the coronavirus outbreak with a similar offer for a similar price. Speaking to MPs, […]

Business Headlines Maghreb Morocco

Morocco’s exports of fruits & veggies cross one-million ton threshold

Despite the current global difficult situation triggered by covid-19 pandemic, Morocco’s exports of fruits & vegetables crossed this season the million-ton threshold, increasing by 6 pc to 1,077,000 ton. According to Moroccan ministry of agriculture, this shows the good performance and resilience of the local agribusiness which continues to expand and diversify its high quality […]

Business Europe Headlines International Morocco

Covid-19: EBRD expects Morocco’s economy to rebound by 4% in 2021 after 2% contraction in 2020

Morocco’s GDP will rebound by 4 pc in 2021 after a 2 pc decrease in 2020 due to the impact of the coronavirus pandemic, says the European Bank for Reconstruction and Development (EBRD). In its Regional Economic Prospects report published Wednesday, EBRD explains that the slowdown will be driven by a sharp decline in tourism, […]

Business Europe Headlines International Maghreb Morocco

COVID-19: Morocco to sell masks to French army

Morocco-made facemasks have been cleared by French army for conforming to top safety standards and the north African country allowed their exports after satisfying domestic needs. A textile company based in Morocco has won a contract to supply the French army, local newspaper Assabah reported. Morocco has reached a production capacity of over 10 million […]

Africa Headlines International

Niger: About 75 Boko Haram terrorists killed – Defense Ministry

The Sahel state of Niger, which has been battling a bloody jihadist insurgency, said Wednesday around 75 Boko Haram combatants had been killed in the southeast and in neighboring Nigeria, reports AFP. Niger’s defense ministy said the 75 Boko Haram militants were killed in two separate operations by a regional anti-jihadist force in the country’s […]

Headlines Libya

UN agencies warn conflict, COVID-19 pandemic present a significant threat to life in Libya

The ongoing conflict and the COVID-19 pandemic present a significant threat to life in Libya. The health and safety of the country’s entire population are at risk, warned several UN agencies in a joint statement released this Wednesday. Despite repeated calls for a humanitarian ceasefire, including by the United Nations Secretary-General, hostilities continue unabated, hindering […]

Africa Headlines International

AfDB President’s accusers call for independent investigation

After President of the African Development Bank Akinwumi Adesina has been cleared in an internal investigation of accusations of prevarication and favoritism, his accusers are now attacking the Ethics Committee that conducted the investigation. They doubt its probity and are calling for an independent investigation. The whistleblowers at the African Development Bank (AfDB) have not […]

Headlines Tunisia

Tunisia to launch its first satellite by July despite COVID-19 slowdown

Despite the disruption caused by the coronavirus pandemic, Tunisia is determined to move forward with the launch of its first satellite. The Tunisian company in charge of the project, TELNET Holding, plans to launch the “Challenge One” nanosatellite next July from the Baikonur Cosmodrome in Kazakhstan, assisted by Russian Soyuz spacecraft. Confirmation was given on […]

Africa Headlines International

Guinea-Bissau: Constitutional revision in pipeline

President Umaro Sissoco Embalo of Guinea Bissau is planning a revision of the constitution, at the root of the many crises that Guinea-Bissau has experienced since the last revision of this fundamental law in 1991. For the Head of State, it is a question of adapting the text to the challenges of the moment and […]

Headlines Morocco

Morocco’s coronavirus mortality rate drops to below 3%

Morocco has lowered considerably the coronavirus mortality rate to 2.9% one of the world’s lowest, head of anti-pandemic department Mohamed El Youbi said. He also noted a rise in recoveries thanks to the adoption of a chloroquine-based treatment to 2991, but deplored that the rise in hot spots kept cases increasing to 6418. Deaths stood […]