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Fitch Ratings highlights Morocco’s resilient liquidity in wake of earthquake
Fitch Ratings has released a note recognizing the impact of the earthquake on Morocco’s fiscal deficit while reassuring remittances from Moroccans abroad and the IMF’s credit lines would offset liquidity concerns. The earthquake that struck late on September 8 killed some 3000 people and destroyed nearly 60,000 homes in the High Atlas Mountains. Morocco has […]
Morocco Rescues over 600 Migrants at Sea over Weekend
Morocco’s Royal Navy said it rescued 615 migrants from 31 boats that ran into trouble in the Mediterranean at the weekend while trying to reach Spain. This happens as Morocco becomes a destination and a transit country overtaking Libya as the main entry point for migrants willing to cross the Mediterranean to Spain or to […]
AfDB warns of linking African loan payment to critical resources
Head of the African Development Bank called for an end to loans in exchange for oil or critical minerals, which helped countries like China control vast resources in the continent. In an interview with the Associated press, AFDB chief Akinwumi Adesina explained how such loans lead to undervaluing natural resources of African countries and further […]



