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Moody’s Maintains Morocco’s BA1 Positive Ranking
Credit rating agency Moody’s maintained Morocco’s BA1 positive ranking, and noted that the country’s credit strengths reflect a structural shift towards higher value-added export industries and fiscal improvements, which could lead to stronger non-agricultural growth and a stabilization and gradual reduction in public sector debt. “Morocco is strategically positioned within global value chains in the […]
COVID-19: Moroccan company develops UV disinfecting machines
A Fez-based Moroccan company has successfully designed and manufactured “fast, efficient and inexpensive” ultraviolet disinfecting machines. The devices manufactured by “Atlas Invention” allow to “deeply” disinfect an average-sized room in just about fifteen minutes, according to the company officials. Unlike conventional devices using vaporization, UVC devices emit ultraviolet rays using variable electric power lamps. These […]
Sub-Saharan Africa faces ‘lost decade’, its growth weighed down by continent’s heavyweights — World Bank
Economic growth in Sub-Saharan Africa is expected to decelerate this year by slumps in economic powerhouses South Africa, Nigeria and Angola, the World Bank has announced, expressing fears of a lost decade for the continent, faced with growing instability. For the current year, growth should reach 2.5%, compared with 3.6% last year, due in particular […]



