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EBRD committed to supporting Morocco’s inclusive growth & post-Covid stimulus plan

President of the European Bank for Reconstruction & Development (EBRD), Odile Renaud-Basso has voiced the Bank’s strong commitment to support Morocco’s economic recovery, regional integration, green economy, youth employment and gender equality. Mrs. Renaud-Basso made the remarks during her virtual talks Monday and Tuesday with Moroccan officials including ministers of economy Mohamed Benchaaboun and Foreign […]

EU denies any plans to build a drone base in Morocco or other Maghreb States

The Delegation of the European Union in Morocco has flatly denied the news alleging that Europe is planning to build an air base in the kingdom for drones to be used in the war against illegal immigration. There is no such plans to build an air base in Morocco or in any other Maghreb country, […]

De-dollarization in Africa: could BRICS currencies challenge greenback?

A recent report by Sputnik Africa claiming that the use of the Russian ruble for trade between Russia and Africa has more than doubled since 2022 is challenged by other sources that report a sharp dip in the share of ruble payments from 23.7% in mid-2022 to 12.7% in mid-2023. Russian ruble usage in international […]