MEDI1TV Afrique : JT Economie - 30/05/2024
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00:00 Hello and welcome to the Economic News Journal.
00:09 In Morocco, the Count Aurobourg is launched for the Morocco Digital Strategy 2030.
00:14 The announcement was made by the head of the government, Aziz Khanoush, at the opening
00:19 of Jitex Africa Marrakech.
00:21 Elaborated in collaboration between the public and private sectors, this strategy is based
00:26 on two main axes, the digitization of public services and the dynamization of the digital
00:33 economy.
00:34 In order to support this strategy, the government has signed an agreement to triple the number
00:39 of graduates in digitization by 2027 and partnerships with multinational companies
00:47 to accelerate the digital transition and strengthen local skills.
00:51 According to the government, digitization is a lever to simplify trade, reduce costs
00:58 and stimulate innovation, in particular through fintech and e-banking services.
01:04 And then in Morocco, another announcement from Jitex Africa 2024.
01:08 The world leader in information technology, ORAC, signed a memorandum of understanding
01:14 with Morocco for the opening of two cloud computing sites in Casablanca and Estat.
01:19 This is a 1.4 billion dirham investment.
01:24 The project links ORAC, the Ministry of Digital Transition, the Ministry of Investment and
01:30 the Moroccan Development Agency for Investments and Exports.
01:35 In detail, ORAC will provide through these two sites the latest cloud computing technologies,
01:41 very advanced and easy-to-deploy systems.
01:44 A step that will accelerate the digital transformation of Morocco and the African continent,
01:51 says the Ministry of Digital Transition and Administration Reform.
01:56 We stay in Morocco with this figure, more than 850 million dirhams, or 84 million euros.
02:03 It is the envelope that the African Development Bank will inject in Morocco for the development
02:08 of forest areas.
02:10 This project aims to contribute to the strengthening of the resilience of the Moroccan economy
02:14 in the face of climate change and to improve the water cycle.
02:18 According to the African Development Bank, this ambitious target project is close to 6.5
02:24 million people living in rural areas in the regions of Rabat, Salekh, Nidra, Marrakech,
02:30 Sefi, Tangier, Titoan, Al-Husayma and Souss Massadra at the level of four ponds, springs
02:36 and four national parks.
02:38 According to the BAD, the project will contribute to the realization of the ambitions of the
02:43 Morocco Forest Strategy 2020-2030.
02:46 It will also benefit women and young entrepreneurs in the aquaculture and forestry sectors
02:53 through three incubators.
02:55 In international economic news, the unemployment rate in the euro zone dropped from 0.1 points
03:02 in April compared to March, to 6.4% of the active population without lower historical level,
03:10 according to data published by Eurostat.
03:12 For the entire European Union, the unemployment rate remained at 6% in April, stable over a
03:20 month as well as over a year.
03:21 A total of some 13.15 million men and women were unemployed in April, among the 27 member
03:29 states of the European Union, of which 11 million among the 20 countries sharing the
03:34 single currency.
03:35 The unemployment rate was 7.3% in France, against 3.2% in Germany, according to Eurostat.
03:42 The lowest rates in the European Union were recorded in the Czech Republic with 2.7% and
03:48 in Poland with 3%.
03:50 The highest were recorded in Spain with 11.7% and in Greece with 10.8%.
03:57 We end our newspaper in Egypt.
04:00 The government announced quadrupling the price of subsidized bread.
04:05 This is the first increase of the kind in three decades.
04:10 According to the Egyptian Prime Minister, for more than 30 years, the price of subsidized bread
04:15 has not moved.
04:16 Throughout this period, its cost multiplied several times, weighing on the state
04:22 a financial burden that has increased significantly.
04:25 Thus, the bread loaf benefits 71 million people.
04:30 Sold at 5 piastras, the unit would now be offered at 20 piastras from June 1.
04:36 For two years, Egypt has been going through one of the worst economic crises in its history.
04:42 Exacerbated by a devaluation of the Egyptian pound, which has lost nearly two-thirds of
04:47 its value compared to the dollar, inflation has reached 39.7% in August 2023, without
04:53 more historical levels.
04:55 Inflation on food has exceeded 70% in August last year.
05:02 This is the end of our edition today.
05:04 Thank you for following it.
05:05 Good luck with the programs on Median.
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