Morocco Mauritania oil & mine accord

Morocco and Spain, a close economic partnership reflecting strength of political ties

Morocco and Spain cooperate closely on political, security and economic arena with tangible results on the ground. According to EU statistics agency Eurostat, Spain kept its position as Morocco’s first trading partner in 2018 exporting €8.221 billion to the north African country while importing €6.652 billion. Globally, Morocco was the ninth destination of Spanish goods […]

UK fintech Revolut seeks foothold in Moroccan market

British fintech giant Revolut is in advanced negotiations with Bank Al-Maghrib as it seeks to establish a strategic foothold in Morocco, potentially positioning the country as its continental base for expansion across Africa. Speaking to reporters, governor of Morocco’s central bank Abdellatif Jouahri said the institution held technical meetings with Revolut’s representatives in June and […]

World Bank urges Tunisia to carry out crucial fiscal reforms

Axel Van Trotsenburg, World Bank Managing Director of Operations Wednesday called on Tunisia to carry out crucial fiscal reforms which he claimed will put the North African country on development trajectory. “These reforms are equally important for the population,” Trotsenburg said in a tweet following a meeting with Tunisia’s Ministers of Planning and Finance. The […]