Morocco has an opportunity in the years ahead to boost economic growth and job creation, says World Bank Memorandum entitled “Morocco 2040- Emerging by Investing in Intangible Capital”. The new report, released Monday, provides an analysis of past economic performance as well as development opportunities and constraints, and then offers a roadmap for reforms to […]
Tag: World Bank
London Hosts International Conference on Somalia
United Kingdom government hosted May 11 a major international conference in London, to accelerate progress on security sector reform, build on the international response to the ongoing drought and humanitarian crisis. The conference seeks also to set new international partnership needed to keep Somalia on course for increased peace and prosperity by 2020. Heads of […]
WB Sees Morocco’s GDP Growth Rebounding to 3.8% in 2017
The World Bank (WB) said in its semi-annual MENA economic Monitor that GDP growth in Morocco will rebound to 3.8% in 2017 on the backdrop of abundant rainfall auguring a good agricultural season. The report noted that growth would improve to 3.8% after the Moroccan economy endured the impact of drought in 2016 which dragged […]
Brussels Denounces Algerian Restrictive Measures on Trade
The European Union (EU) has denounced “restrictive measures imposed on bilateral trade” without prior consultation with the EU, says a report released on the occasion of 10th session of Algeria-EU Association Council convened Monday in Brussels. In January 2016, Algerian authorities required import licenses for certain European products such as cars, cement and concrete. These […]
WB Cites Morocco as Role Model for Fight against Over-Fishing
The World Bank has hailed Morocco’s initiative to combat over-fishing activities off its coasts. The world institution in its new report on global fishing has estimated the deficit caused by overfishing at $83 billion, Moroccan media leconomiste.com reported. Morocco, the report notes, has done greatly to combat the illicit activities. The report also cites Peru, […]
U.S. Triples Exports to Morocco Ten Years after FTA
U.S. exports to Morocco have more than tripled in the decade following the entry into force of the Free Trade Agreement between the two countries, Global Trade Magazine says in an Article on August 31. Citing data released by the International Trade Administration, the Magazine notes that with the entry into force of the Morocco-USA […]
Egypt Strives to Attract Foreign Investment
The Egyptian government is putting the final touches on new foreign direct investment (FDI) council to be launched very soon in a bid to drain more foreign capital needed by the North African country to support its battered economy. President Abdel Fatah al-Sisi has given green light for setting up a Higher Council for Investment. […]
Tunisia: Container Full of Weapons & Ammunitions Seized
Tunisian custom files identification brigade Tuesday seized a container full of weapons and ammunition heading towards the governorate of Nabeul. The container was loaded with a sizeable quantity of weapons and ammunition and belonged to a Belgian businessman. The businessman and another Belgian national have been arrested and are being investigated. The Belgian businessman was […]
Mauritania takes new initiative to fight overfishing
Mauritania is set to launch on Wednesday a new global initiative, the Fisheries Transparency Initiative (FiTI,) meant to improve the management of fisheries and preserve fish stocks. The move comes following the warning of economic affairs minister Sid’Ahmed Raïss who said that “overfishing by foreign boats is threatening our way of life.” Highlighting the dangers […]
Mauritania seeks mobilization of $117 million to support youth
The Mauritanian Government will next month organize a roundtable with its technical and financial partners in a bid to mobilize $117 million necessary to implement the national youth strategic program. The roundtable, scheduled for February 18, will gather Mauritania’s technical and financial partners who will discuss means of mobilizing $117 million necessary to implement the […]









