Morocco’s King sends additional 100 tons of life-saving relief to Gaza

Upon instructions of King Mohammed VI, Chairman of Al-Quds Committee, Morocco is sending an additional 100 tons of emergency humanitarian assistance to the inhabitants of Gaza, said a press release issued Monday by the Ministry of Foreign Affairs. The additional relief consists mostly of foodstuffs and medicines for children and infants. In early August, Morocco […]

Potential repercussions on Morocco’s economy as conflict deepens in Middle East

Escalating conflict between Iran, Israel and the United States is casting a shadow on the global economy including Morocco’s economy, exposing it to vulnerabilities in energy security, logistics, industrial supply chains and the state budget if the war lasts beyond four weeks. A disruption or risk-driven slowdown in traffic through the Strait of Hormuz, the […]

West Africa bloc adopts ‘ECO’ as name for new currency

Heads of State of the 15-member West African Community of African States (ECOWAS) have adopted a flexible currency regime after making considerable progress on plans for a single currency in the region.   In a meeting held Saturday in the Nigerian capital Abuja, the bloc said it had made considerable progress on the single currency […]