The United Nations has condemned Madagascar’s latest military coup, calling for a swift return to constitutional order following the swearing-in of Colonel Michael Randrianirina as interim president. The move comes after weeks of youth-led protests over power and water shortages that killed at least 22 people and injured over 100. UN Secretary-General António Guterres, through […]
Fitch Ratings has released a note recognizing the impact of the earthquake on Morocco’s fiscal deficit while reassuring remittances from Moroccans abroad and the IMF’s credit lines would offset liquidity concerns. The earthquake that struck late on September 8 killed some 3000 people and destroyed nearly 60,000 homes in the High Atlas Mountains. Morocco has […]
Trade between Morocco and the rest of Africa showed an average annual growth of 6.1% over the period 2009-2019, according to “Al Maliya”, the magazine of the Moroccan Ministry of Economy & Finance. The share of this trade in the Kingdom’s overall trade volume stood at 5.1% in 2019, according to data from the Foreign […]
