Morocco is busy working to modernize its agricultural sector and advance sustainable agriculture with the support of Hong Kong-based Jungnong Group, a subsidiary of China’s Agricultural Development Group. Moroccan ministry of Agriculture and the Jungnong have agreed lately to set up $22 million joint venture focusing on high-tech and water-efficient farming systems adapted to climate […]
Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]
Spain’s Prime Minister Pedro Sanchez lauded the efforts made by Moroccan and Spanish security forces to stop a violent storming of Melilla fence, a Spanish occupied enclave in Northern Morocco. Early on Friday June 24, more than 2000 Sub-Saharan migrants marched violently with sticks, acid, bladed weapons and stones attacking Moroccan security forces as they […]
