PSA lab

Fitch Ratings: Morocco has Buffers against Pressure on its Finances due to Covid-19

Pressure exerted on Morocco’s current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, the North African country has buffers to manage increased pressures, including recently displayed willingness to adjust the flexibility of the exchange rate regime, adds the international rating agency. Disruptions to […]

Ms. Jessica Muthoni Gakinya takes up her duties as Kenya’s first ambassador to Morocco

Kenya’s first ambassador to Morocco, Ms. Jessica Muthoni Gakinya, was received Friday in Rabat by Moroccan foreign minister Nasser Bourita. During the meeting, the Kenyan envoy handed over copies of her credentials to the minister, sending a strong message to the Algerian regime which has spent billions of dollars in a bid to thwart rapprochement […]

China in Africa: growing backlash against ‘racism’, economic exploitation

A recent opinion poll found that China is now more popular in Africa than the United States. Yet, this popularity apparently goes hand in hand with a backlash the Chinese face in a growing number of African countries, with many accusing them of “malicious” behavior. According to a recent Gallup polling, 58% of respondents in […]