Morocco secures US recognition of fisheries compliance, ensures market access until 2029

Morocco has officially obtained recognition from the US National Oceanic and Atmospheric Administration (NOAA Fisheries), confirming the compliance of its fisheries with the provisions of the US Marine Mammal Protection Act, the State Secretariat for Maritime Fisheries announced this week. The certification, effective from January 1, 2026, to December 31, 2029, is a decisive step […]

World Bank: Remittances to Morocco surge 40 % in 2021

Remittance flows to Morocco increased by 40 pc in 2021, reaching $10.4 billion, says the World Bank in its latest “Migration & Development Brief”. With such performance, Morocco becomes the second-largest recipient of remittances in the Middle-East and North Africa region. Indicators for early 2022 suggest a continuation of buoyancy in receipts, says the WB […]

AfDB lends Morocco Over €600 Mln to fund four inclusive development projects

The African Development Bank has agreed to provide Morocco four loans totaling over €600 million to enable the North African Kingdom build a 105-km long highway, enhance territorial competitiveness, modernize the university, and support sustainable forest development. The agreements were signed Wednesday in Rabat by Minister in charge of the budget Fouzi Lekjaa and the […]