King Mohammed VI FAR

Africa’s debt crisis: interest payments on debt soar amid govt’s growing financial strain

As many African countries are struggling to service their debts, a new World Bank report warns that interest payments on long-term debt in sub-Saharan Africa surged nearly seven-fold to $26 billion between 2010 and 2023. The sharp increase came as the region’s foreign borrowing doubled to $864 billion within the same period. Africa’s worsening debt […]

Renault Group Morocco consolidates its leadership in 2025, opens a new industrial and technological cycle

In a demanding international context, Renault Group Morocco confirms in 2025 its role as the leader of the national automotive sector and strengthens the Kingdom’s strategic position within the Group’s global footprint. Morocco now ranks as the Group’s second country in terms of production volume and the eighth global market in terms of sales volume, […]

Covid-19: Korea & Global Care back Morocco’s response efforts

Korea International Cooperation Agency (Koica) and Global Care have unveiled a joint program aimed at supporting Morocco’s response to coronavirus pandemic and enhancing further the capacity and performance of Moroccan hospitals and health centers. Under this 5-month cooperation program, Moroccan health facilities will receive medical equipment and personal protective gears for health care workers to […]