Keywords: Development


Morocco strengthens its position as one of Africa’s most diversified trading economies

Morocco is consolidating its position as one of Africa’s more diversified economies, supported by a broad export base and strong commercial ties with major international markets. According to data highlighted in Afreximbank’s African Trade Heatmaps 2026, the Kingdom has developed a trading......

Iran moves closer to joining the BRICS New Development Bank

Iran is moving toward membership of the New Development Bank (NDB), the multilateral financial institution associated with the BRICS group, according to Iranian Central Bank Governor Abdolnaser Hemmati. Hemmati made the announcement during a meeting of BRICS finance ministers and central bank governors......

Rwanda allocates $16 million in tourism revenue to support communities near protected areas

Rwanda is expanding its model of sustainable tourism by directing more than 23 billion Rwandan francs, equivalent to approximately $16 million, toward development projects benefiting communities living near national parks and protected areas. The funding, announced by the Rwanda Development Board, is......

Christopher Deutsch assumes the role of U.S. Consul General in Casablanca

The American diplomatic representation in Morocco welcomes a new leader in Casablanca. Christopher Deutsch has just taken office as the U.S. Consul General in the Kingdom's economic capital, tasked with strengthening a bilateral relationship that Washington presents as one of its oldest alliances. Appointed......

Morgan Stanley increases its exposure to Morocco as investor confidence grows

Morgan Stanley Investment Management has gradually increased its exposure to the Moroccan market in 2026, signaling stronger confidence in the country’s economic and industrial prospects while maintaining a cautious stance toward the valuation of Moroccan equities. The move concerns the firm’s......

Putin says Russia’s sovereignty depends on the speed of innovation

Russian President Vladimir Putin has stressed that the country’s sovereignty and long-term development increasingly depend on how quickly scientific and technological innovations can be transformed into practical applications, including in the defense sector. Speaking during a meeting of the Council......

West Africa expected to record 4.6% economic growth in 2026

West Africa is expected to maintain relatively strong economic momentum in 2026 despite persistent uncertainty in the global economy. According to projections from the African Development Bank (AfDB), regional economic growth is forecast to reach 4.6% this year, following estimated growth of 4.8% in......

Vietnam plans 30% tax cut for small businesses to boost economic growth

Vietnamese authorities are preparing a tax relief package aimed at small businesses, individual entrepreneurs and household enterprises as part of broader efforts to stimulate private-sector activity and sustain economic growth. Under the proposed measure, taxes would be reduced by 30% during 2026 and......

Rico Langheine takes over German development cooperation in Morocco

The German development agency GIZ has appointed Rico Langheine as its new country director in Morocco, succeeding Katrin Lorenz, who completed three years at the helm of the agency’s activities in the Kingdom. The leadership change comes as Germany and Morocco continue to strengthen their development......