LIBYA-CONFLICT-OIL

Morocco’s Foreign Exchange Reserves Cover 7 Months of Imports

Morocco’s foreign exchange reserves rose to cover 7 months and 14 days of imports by August up from 6 months and 11 days the same period last year, the Central bank, Bank Al Maghreb said. By the first week of September, Morocco’s foreign exchange reserves stood at 248.9 billion dirhams, that is a 17.7% increase […]

Africa’s dollar drought pushes more continent’s countries to economic crises

Africa is in the grip of a dollar drought and the current continent-wide scarcity of the US dollar is further pushing many already beleaguered African countries into deeper economic crises, according to a new Bloomberg report. Several Sub-Saharan African (SSA) countries, including Kenya, Nigeria, Ghana and Tanzania, have for several months experienced shortages of the […]

France’s Interior Minister describes security cooperation with Morocco as excellent

French Minister of the Interior, Gérald Darmanin, has commended, Monday in Rabat, the excellent security cooperation between France and Morocco. Cooperation between France and Morocco in the field of security is excellent, with many common stakes, including the fight against drugs, terrorist networks, and crime, said Darmanin at a press briefing following talks with his […]