Morocco maintained a trade surplus with Africa in 2024, though it declined significantly to 7.2 billion dirhams from 12.6 billion dirhams the previous year, according to the Foreign Exchange Office’s annual report on Morocco’s foreign trade. The deterioration stems primarily from an increased trade deficit with Egypt, which widened by 3 billion dirhams, combined with […]
Morocco’s National Office of Electricity and Drinking Water (ONEE) and the African Development Bank (AfDB) signed an additional €18 million financing agreement to ensure the sustainability and security of drinking water supply in several regions of the Kingdom. This additional financial assistance will contribute, with the €115 million loan already mobilized in 2018, to finance […]
BRICS members meeting in Moscow rejected a South African proposal to include the Polisario separatists’ thesis in the agenda of a meeting on the MENA region. South Africa’s representative was isolated as the sole country to seek to impose a proxy conflict imposed by Algeria to unsettle Morocco, at a time the MENA region is […]
