MEDI1TV Afrique : JT Economie - 16/07/2024
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00:00Welcome to MEDIEN, it's time for the news of the economic news.
00:11We start in Morocco, where the French company Airseas has opened a maritime research center near the coastal city of Dakhla,
00:18in the region of the Moroccan Sahara, in order to reduce the fuel consumption of ships.
00:23This reduction is estimated at 20%, which will make it possible to achieve significant savings.
00:29The investment of 50 million dirhams from Airseas reflects the significant economic efforts deployed in the region
00:37to promote growth and sustainable development.
00:40The new complex will have modern facilities already used and implemented in the most important ports of the African continent
00:48and in the ports of Northern European countries such as the ports of Denmark, the Netherlands and the Baltic States.
00:54The system in question aims to use automated piloting, piloted by artificial intelligence,
01:00to optimize the trajectory and maximize efficiency.
01:04The impact will be not only industrial, commercial and economic for the region,
01:09but we expect more than 30 direct and indirect jobs to be created.
01:14And still in Morocco, where the transfer of funds made by the emirates reached 46.38 billion dirhams at the end of May 2024,
01:22against 45.282 billion dirhams a year earlier, according to the monthly exchange indicators of the month of May 2024 of the exchange office.
01:34These fund transfers illustrate an increase of 2.4%, or 1.098 billion dirhams.
01:41Indeed, in 2023, the Moroccans of the world sent 11.8 billion dollars to Morocco,
01:47marking an increase of 5.2% compared to 2022, according to the World Bank.
01:52Thus, the kingdom is the second largest beneficiary of fund transfers in the MENA region after Egypt.
01:58This financial magnet feeds Morocco's currency reserves, thus strongly supporting the national economy.
02:05The flow of funds, recalling, represents 8.2% of the country's GDP.
02:11And then in Spain, the government revised its growth forecasts for 2024 and 2025.
02:18The Minister of Economy, Carlos Cuerpo, announced the revision of growth forecasts for 2024 at 2.4%,
02:25or 0.4% more than the hypothesis until the 2% reduction.
02:30As for 2025, the government's hypothesis is now 2.2%, or 0.3% more.
02:38The government, which will officially validate its new forecasts on Tuesday at the Council of Ministers,
02:43is thus expecting to create more than a million jobs between 2024 and 2025.
02:49Last year, the country recorded a 2.5% growth, well above the average of the European Union, which was 0.4%.
02:58And this trend continued in the first quarter with a GDP growth of 0.8%, twice as high as the forecast of the Spanish bank.
03:08And then we go to Egypt.
03:10Egypt plans to invest $1.2 billion to drill 110 oil and gas wells during the 2024-2025 exercise.
03:20This figure was announced by the Egyptian Minister of Oil in front of a parliamentary commission charged with examining or discussing the new government's program.
03:28The minister added that by 2030, Egypt will have invested $7.2 billion to drill 586 oil and gas exploratory wells.
03:39CARE also plans to launch international offers via the Egypt Exploration and Production Gateway,
03:45which focuses on the digital provision of data on new exploration areas for partners throughout the year.
03:53And then in Mauritania, according to the monthly note of the National Consumer Price Index published by the National Statistics Agency,
04:01the consumer price index increased by 0.4% in June 2024 compared to the previous month,
04:09bringing inflation levels to 2.6% in terms of variation over the past 12 months and to 3.1% in terms of annual shifts in monthly variations.
04:20Food prices have increased by 0.7%, mainly due to the rise in prices recorded at sub-groups,
04:28such as vegetables, bread and cereals, meat, milk, cheese and eggs.
04:33However, other unknown sub-groups have fallen, thus contributing to the increase in food prices.
04:39These are essentially fruits, fish and seafood, sugar, jam, honey, chocolate and confectionery.
04:48And that's the end of this economic newspaper.
04:51Very good follow-up of the programs on Median.