bank al maghrib

Africa’s twin drain: climate disasters and illicit fund transfers erode infrastructure and growth

Africa is losing billions each year to twin economic threats: climate-induced natural disasters and illicit financial flows, a new series of reports reveal. According to a new report by the Coalition for Disaster Resilient Infrastructure (CDRI), natural disasters inflict $12.7 billion in annual damage to infrastructure across the continent. Floods alone account for nearly 69% […]

Russian Companies Willing to Tap into Morocco’s Gas Projects

Russia’s Energy Minister Alexander Novak said Russian companies are interested in Morocco’s gas projects, notably the liquefied gas terminal in Jorf Lasfar and the Moroccan-Nigerian gas pipeline. “Our companies are interested in participating in those projects. We are ready to supply LNG, construct gas pipeline and terminal,” said the Minister in an interview with Russian […]

Morocco plans to limit tomato exports to reduce prices

Morocco will put restrictions on the export of its tomatoes whose prices surged ahead of Ramadan, where demand on the vegetable increases as a main ingredient of the Moroccan cuisine, Moroccan media reported. The war in Ukraine has raised fears over global food protectionism as Russia halted wheat exports, Argentina banned export registrations for soybean […]