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Morocco revises downward 2019 growth to 2.9 pct

Morocco said its economy will grow by 2.9% in 2019 after 3% in 2018 as the economy continues to be affected by agricultural output, according to finance minister Mohamed Benchaaboun. Rainfall was about 23% less this year compared with 2018, so cereals yield was down 50% compared to a year earlier further deepening the trade […]

Mali secures key mining code win as three major gold producers sign on

Mali has achieved a breakthrough in its push for greater control over its mineral wealth, with three gold producers — Endeavor Mining, Faboula Gold, and Bagama Mining — agreeing to operate under the country’s controversial 2023 mining code. Announced by Finance Minister Alousseni Sanou in a televised address, the agreement marks a rare win for […]

Spain Welcomes Morocco-EU New Fisheries Deal

Spain congratulated Morocco and the EU on agreeing on terms and provisions of a new fisheries deal as a milestone ushering deeper relations between the two parties. The agreement “underscores the stable and deep ties between the EU and Morocco,” said Spanish agriculture and fisheries minister Luis Planas in a statement. He highlighted the importance […]