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African food crisis, Morocco comes to the rescue
The announcement by Morocco’s phosphates and fertilizers producer OCP to double its soil nutrient exports to Africa was a boon for a continent that bears the brunt of the surge in commodities prices due to the Russia-Ukraine war. OCP said last week it will bolster its fertilizers exports to Africa to 4 million tons in […]
Morocco rings alarm bell regarding worsening conditions in Libya
Morocco warned the UN Security Council about the deteriorating security, political and economic conditions in Libya which foreign intervention will further worsen. Speaking at a virtual meeting of dozen foreign ministers on Libya, Morocco’s Foreign Minister Nasser Bourita reiterated Morocco’s position in support of the UN Skhirate agreement, noting that multiplying initiatives will be counterproductive. […]
Morocco: IMF highlights Central Bank’s transparency practices
A mission led by a multidisciplinary team from the International Monetary Fund (IMF) highlighted Bank Al-Maghrib’s (BAM) transparency practices. This mission focused on examining the bank’s transparency practices in five areas, relating to “Governance”, “Policies”, “Operations”, “Results” of these policies, as well as the “Institutional Relations” it maintains with national and international bodies, the central […]



