Morocco has no plans to tap funds available under its Flexible Credit Line (FCL) arrangement with the International Monetary Fund, Finance and Economy Minister Nadia Fettah Alaoui said. The IMF approved a new two-year FCL agreement for Morocco on April 2, 2025, worth 3.45 billion Special Drawing Rights (SDRs), or about $4.5 billion, replacing a […]
Maroc Telecom Group has said that its customers continue to grow (up 9.1 pc year-on-year), reaching 68.4 million during the first half of 2020. This increase is due partly to the consolidation of Tigo Chad into the Group’s since July 1, 2019. As of June 30, 2020, its mobile customers reached 19.6 million, up slightly […]
African nations are free to buy grain from Russia but could face consequences if they trade in US-sanctioned commodities such as Russian oil, the US ambassador to the United Nations warned Thursday. “Countries can buy Russian agricultural products, including fertilizer and wheat,” Linda Thomas-Greenfield said during her visit to Uganda’s capital city Kampala, after a […]
