First Independent Mena Newspaper
China’s slowdown that results in shrinking Chinese demand and its shift to green and high-tech sectors are bound to harm Africa’s economic prospects, according to a number of experts who have warned against an excessive dependence of African countries on the world’s second-largest economy. Economic relations between China and Africa expanded rapidly over the past […]
The World Bank expects Morocco’s economic growth to increase to 3.5 percent in 2023 and 3.7 percent the following year as the country’s agriculture sector recovers gradually from last year’s drought. The spending of the North African Govt. is expected to partially offset weakness in private consumption stemming from high inflation, underlined the WB in […]
Morocco’s growth will be limited to 1.3% only in 2022, down from 7.9% last year, due to external shocks and drought, Morocco’s statistics agency HCP said. While highlighting the uncertainties surrounding the global economic outlook, the agency expected Morocco’s economic growth to recover to 3.4% next year on the back of a higher agricultural […]
Morocco’s economic growth could sink to as low as 2% in 2020 from a previous estimate of 2020, Reuters and Bloomberg reported citing head of the high commission for planning Ahmed Lahlimi. When Morocco put forward a growth estimate of 3.5%, the context was promising with first autumn rain and good prospects for tourism market […]