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King Mohammed VI Congratulates Liberia’s President-Elect

King Mohammed VI of Morocco has had a telephone call with President-Elect George Weah, a former international football star, who won Liberia’s presidential election, defeating Vice-president Joseph Boakai in a runoff with 61.5 pc of the vote. During the phone call, the Moroccan Sovereign offered his “warmest congratulations” to George Weah for his victory, said […]

Morocco, among leading investors in Africa – AMDIE/ Mazars

The kingdom of Morocco has emerged as one of the leading international investors in Africa with foreign direct investment (FDI) valued at about $4 billion according to a report by the Moroccan Agency for Development of Investment and Export (AMDIE) and France-based consulting firm, Mazars. The report, dubbed “Analyse de l’investissement en Afrique en 2020 […]

Morocco’s Foreign Exchange Reserves Cover 7 Months of Imports

Morocco’s foreign exchange reserves rose to cover 7 months and 14 days of imports by August up from 6 months and 11 days the same period last year, the Central bank, Bank Al Maghreb said. By the first week of September, Morocco’s foreign exchange reserves stood at 248.9 billion dirhams, that is a 17.7% increase […]