Dune Blanche Dakhla

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 […]

Morocco, NATO to Cooperate in Countering Cyber Security Risks

Cooperation in the field of countering cyber security risks has been at the heart of talks in Rabat between Morocco’s Minister Delegate in charge of the Administration of National Defense Abdeltif Loudiyi and Assistant to NATO’s Secretary General in charge of emerging risks Sorin Ducaru. The two officials examined future cooperation prospects in the field […]

Africa’s $824bn debt burden, opaque resource-backed loans, hamper continent’s economic potential — AfDB

African Development Bank (AfDB) has asked policymakers to put in place an orderly and predictable way of dealing with Africa’s ballooning, unsustainable external debt pile that reached $824 billion in 2021. Africa’s $824 billion debt burden, the servicing of which requires countries to dedicate 65% of their GDP, and opaque, non-transparent resource-backed loans hamper the […]