The Southern African Development Community (SADC) had planned to deliver on Monday before the UN Fourth Committee a declaration challenging Morocco’s sovereignty over its Sahara. However, as soon as the draft declaration was circulated, five member states of this very SADC — Democratic Republic of Congo, Comoros, Malawi, Eswatini, and Zambia — voiced opposition to […]
GAZ, a leading manufacturer of commercial vehicles in Russia, has started selling a range of commercial vehicles in Morocco, in cooperation with its new distribution partner, Africa Motors (Auto Hall Group). The group hopes to make of Morocco a platform to further develop its business in the rest of African countries. The first model put […]
Credit rating agency, Fitch, affirmed Morocco’s long-term foreign and local currency issuer default ratings (IDRs) at ‘BBB’ with a Stable Outlook. Fitch explained that Morocco’s BBB rating was driven by its economic performance, public finance and external finance metrics. “Economic policy focuses on maintaining macroeconomic stability and is unlikely to change much as a result […]
