Business Emerging Markets Headlines Morocco

Morocco’s Touissit Mining Company banks on copper and gold for recovery

Morocco’s Compagnie Minière de Touissit (CMT) appears to be stabilizing after a turbulent 2024 marked by legal disputes and exceptional financial losses, with analysts projecting a potential recovery driven by new deposits and strategic refocusing on critical metals. BMCE Capital Global Research forecasts encouraging prospects for 2025, with revenues expected to rise 4.1% to 610 […]

Business Emerging Markets Features Headlines Morocco

EBRD Forecasts 3.1 % Growth in Morocco in 2023

Economic growth in Morocco is expected to pick up to 3.1 per cent in 2023, announced on Tuesday by the European Bank for Reconstruction and Development (EBRD). In its latest Regional Economic Prospects (REP) report, the Bank’s analysts explained the projected Moroccan economic growth by the anticipated agricultural recovery, moderate inflation and the country’s removal […]

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Africa must accelerate pro-poor, inclusive recovery to boost economic growth

African countries should accelerate inclusive recovery efforts to boost economic growth to eliminate the impact of the shocks caused by Covid-19, the war in Ukraine and climate change, all of which have pushed more people into extreme poverty and have increased inequality worldwide, according to Antonio Pedro, the Executive Secretary of the United Nations Economic […]

Africa Business Headlines International

International air travel to Africa surpasses pre-covid arrival, revenue levels

The full resumption of operations on international routes by African airlines and also the return of Chinese tourists to Africa have contributed to the fact that some countries on the continent have now surpassed pre-covid arrival numbers and revenue levels. Three African countries — Egypt, Kenya, and South Africa — are now on China’s list […]

Business Headlines Maghreb Morocco

Morocco’s Tourism sector gets support from EBRD & UNWTO

The World Tourism Organization (UNWTO) has teamed up with the European Bank for Reconstruction & Development (EBRD) to help tourism industry recover from the covid-19 impact in several countries, including Morocco. The coronavirus lockdown has affected many sectors of the global economy, with tourism being among the hardest hit as worldwide destinations introduced restrictions on […]