Ghardaia

Morocco, a neighbor and strategic partner for Spain and Europe, Spanish FM

Morocco is a neighbor and a strategic partner for Spain and Europe, Spanish Foreign Minister, José Manuel Albares, said on Friday, stressing that Spain, Europe and Morocco “share vital interests”. “Morocco is a neighbor and a strategic partner for Spain and Europe. We share with Morocco, among other things, the management and channeling of illegal […]

Bridging the gap: multibillion-dollar FASA fund to finance agri-SMEs in Africa

Norway, South Korea, the United Kingdom, and the United States have officially launched a multi-donor “fund of funds”, known as FASA, whose aim is to address the financing challenges faced by agricultural small and medium-sized enterprises (agri-SMEs) across Africa. Over the next 10 years, the “Financing for Agricultural Small and Medium Enterprises in Africa” Fund, […]

S&P Global Ratings maintains Morocco’s rating at BB+, says economic outlook remains stable

S&P Global Ratings maintained Morocco’s rating unchanged at BB+ for the second year, citing the country’s strong sovereign credit, and projected that Moroccan economy will expand by 1.4% this year, after bouncing back by 7.9% in 2021. Representing the country’s ability to meet its financial obligations, the S&P rating shows that Morocco’s creditworthiness is largely […]