The only monarchy in North Africa, Morocco has one of the more diversified GDP mixes in the region, and the mainstays of the economy include agriculture, tourism, and the textiles industry; higher-end manufacturing, IT and communications, and outsourcing are also all becoming increasingly important. The past few years have seen some significant changes, yet the kingdom has remained stable, even amidst the broader regional turmoil.
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News that South African Airlines (SAA) looks to be homing in on Ghana as the most likely location for a secondary hub should bolster the country’s efforts to carve a niche as a regional air transport centre.
Economic update | Renforcement du parc automobile pour faciliter les déplacements urbains au Gabon
7 Jul 2014
Il y a tout lieu de se réjouir de la récente arrivée d’un nouveau parc d’autobus à Libreville, capitale du Gabon, qui devrait permettre de fluidifier la circulation en désencombrant les artères principales de la ville. Afin d’en optimiser l’efficacité, les autorités gabonaises des transports planchent actuellement sur un projet d’élargissement des rues et d’instauration de voies réservées aux bus sur les routes principales.
Territorial disputes in the South China Sea have highlighted the ongoing tensions between China and countries including the Philippines, Vietnam, Taiwan, Malaysia and Brunei Darussalam, with the US also weighing in recently with its proposals for a bigger military presence in the region.
Rising demand for both private and commercial vehicles should put South Africa’s automotive industry on course to post full-year growth, with a recent rally helping to compensate for flat sales at the beginning of 2014.
The Moroccan transport sector has made some great strides in recent years, and projects across the spectrum are ongoing and set for delivery over the next year and a half, in line with the government’s medium-term infrastructure development plans. While major events such as the 2008-09 financial crisis, the ensuing eurozone debt crisis and recent regional political instability have impacted...