King Mohammed VI

US Congressmen urge President Biden to drop tariffs on Moroccan fertilizers

A bipartisan group of U.S. congressmen urged President Joe Biden to waive duties on fertilizer imports from Morocco and Trinidad & Tobago following the spike of fertilizer prices because of a severe supply shortage. Over thirty senators and House representatives sent on Thursday a letter to President Biden requesting him to help U.S. farmers with […]

Libya: London court rules against Libya, millions to be paid in compensation

Libya has received its first setback in its legal battle with financial and managerial institutions after the High Court of England and Wales ordered the Libya Africa Investment Portfolio (LAIP) to pay more than $15 million as damages to Catalyst Managerial Services (CMS) and the amount could surpass half a billion dollars. LAIP is a Malta-based […]

Moroccan Attijariwafa Bank, Japanese Sumitomo Corporation Team up for Africa’s Development

The Moroccan banking group, Attijariwafa bank, and the Sumitomo Corporation Europe Limited, one of the branches of the Japanese giant, have signed recently a memorandum of understanding, under which they agreed to establish a long-term partnership for the implementation of major development projects in Africa. The memorandum seeks to promote cooperation between the two groups […]