King with Aicha Khattabi

Post-confinement: Morocco to promote public investments, domestic consumption

Morocco’s economy has been hit hard by the coronavirus outbreak but plans have been set up to relaunch the economic activity through promoting state investments and fostering domestic consumption, Finance Minister Mohamed Benchaaboun said. The government is preparing conditions to relaunch the economy after the lockdown affected most sectors notably exporting businesses, Benchaaboun told MPs […]

Botswana propelled to world’s top diamonds producer

Botswana has ascended to the rank of the top diamond producer globally, unseating sanctions-hit Russia. Most of Botswana’s diamond found in the Orapa diamond deposit is operated by De Beers, a leading diamond company. Following the G7 sanctions on Russia, De Beers moved its auctions to Botswana to streamline its business operations and facilitate the […]

Germany assists Morocco’s earthquake reconstruction program with €100 million loan

Germany has granted Morocco a €100 million loan to assist the Kingdom’s earthquake reconstruction program, alleviate the socio-economic burdens placed on the local population, and assist in managing the aftermath of the disaster that hit Morocco in September last year. The loan agreement was signed in Rabat on Wednesday by Minister in charge of Budget, […]