Finance Headlines Morocco

Morocco: Government expects growth to improve to 4.5% in 2023

The Moroccan government is elaborating a budget bill forecasting growth at 4.5% in 2023 after 1.5% in 2021, assuming an average agricultural output. Growth has decelerated in 2021 as the country faces the worst drought in decades, coupled with imported inflation pressures affecting the trade balance due to higher energy imports. The 2023 growth forecast […]

Africa Headlines International Morocco

Morocco: First forum of African regions, an opportunity to promote decentralized cooperation

The 1st edition of the Forum of African Regions (FORAF) is held this September 8 to 10 in the Moroccan north-eastern city of Saidia, with the participation of 85 presidents of African regions from more than 20 African countries adopting a decentralized system. The forum features several panels and workshops that will benefit more than […]

Energy Europe Headlines International Morocco

Agreement between British Chariot & ONHYM to transport Larache gas through Maghreb-Europe pipeline

Africa-focused British oil and gas company Chariot has signed a pipeline tie-in agreement that takes it a step forward in unlocking its Anchois gas project offshore Morocco. The agreement was signed with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) and it secures access to the major Maghreb Europe Gas Pipeline (GME) in the […]

Headlines Tunisia

World Bank: Tunisia’s trade deficit continues to widen amid soaring inflation

The trade deficit in Tunisia widened by record 56% in the first semester of 2022, reaching 8.1% of GDP, while the budget deficit, exacerbated by mounting energy and food subsidies, is expected to reach 9.1% in 2022, compared to 7.4% in 2021, according to the World Bank’s latest report. Inflation in this country rose from […]

Algeria Headlines Maghreb Morocco

Arab Summit: Rabat agrees to receive Algerian envoy

Within the framework of preparations for the upcoming Arab Summit, due in Algiers on November 1, the Algerian authorities have decided to send several envoys to Arab capitals, carrying invitations to all Arab Heads of State to attend the summit. In a press release, Moroccan foreign ministry said Algerian Justice Minister Abderrachid Tebbi has been […]

Columns Headlines Maghreb Morocco Opinions

Algeria’s obsolete rhetoric increasingly inaudible in forward-looking Africa

Algeria’s aged and ailing military regime is still bogged down in a cold-war mentality that made the country diplomatically and politically isolated more than ever. The recent maneuvers at the TICAD Japan-Africa summit once again shows the fading voice of Algeria on the continent. Algeria has squandered its oil and gas wealth to buy positions […]

Asia Headlines International Morocco

Al-Quds: Construction Works of Funeral Services and Body Conservation Units Launched

The foundation stone of two funeral and body conservation units at “Makassed” hospital was laid, in Al-Quds, as part of a financing agreement between Bayt Mal Al-Quds Acharif Agency and the administration of the health establishment. This project, the first of its kind in a hospital in Al-Quds, was launched by the director in charge […]

Africa Headlines International Maghreb Morocco

Chad announces opening of Consulate General in Dakhla shortly

The Republic of Chad announced that it would shortly open a Consulate General in the Moroccan Saharan city of Dakhla. Chad on Wednesday informed Moroccan authorities of its decision, said the Ministry of Foreign Affairs in a statement. The Chadian authorities said this decision translates the brotherly relations existing between King Mohammed VI and President […]

Headlines Maghreb Morocco Tunisia

Morocco’s position on reception of separatist militia’s leader in Tunisia remains unchanged – FM

Morocco’s position regarding the Tunisian president’s reception of the separatist militia’s leader “remains unchanged,” said Minister of Foreign Affairs, Nasser Bourita. Who described the move as “serious and unacceptable”. The Foreign Minister has thus denied rumors that the diplomatic spat between Morocco and Tunisia over the separatist’s reception was settled. The Moroccan position remains “the […]

Africa Headlines International Morocco

Third Meeting of Monitoring and Support Group for Transition in Mali convenes in Togo

The third meeting of the Monitoring and Support Group for the Transition in Mali (GST-Mali) was held Tuesday in Lomé, Togo with the participation of Morocco. Addressing the meeting, head of the Moroccan delegation Fouad Yazourh said that this new mobilization of states and partners in the 3rd meeting of the GST-Mali is in line […]