LNA Libya

Fitch Expects Morocco’s Growth to Reach 3% in 2024 & 3.5% over 2025-2026 Period

Fitch agency has maintained Morocco ‘BB+’ rating with a stable outlook thanks to the country’s sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable liquidity buffers. In 2023, Morocco’s economy grew by 3.4%, driven by strong non-agricultural sector performance and a rebound in agricultural output following a sharp contraction in 2022, said […]

Africa, Middle East crises high on agenda at G7 foreign ministers meeting in Italy

As foreign ministers of the Group of Seven (G7) major democracies have gathered on the Italian island of Capri, Middle Eastern and African issues are also high on the agenda during the three days of talks. The continuing escalation of tensions in the Middle East — between Israel and Iran, the war in Gaza, and […]

BMCE Bank, China’s CRCC Sign Agreement to Build Africa’s Tallest Tower in Rabat

BMCE Bank of Africa signed an agreement to build Africa’s tallest tower in Rabat with State-owned giant China Railway Construction Corporation (CRCC) and the General Construction Company of Casablanca (TGCC). Speaking following the signing ceremony in Casablanca, CEO of BMCE Bank of Africa said that the new edifice, which will be known as “Rabat Tower”, […]