Tunisian-Libyan border

AMF grants Morocco $127 Million Loan

The Arab Monetary Fund has granted Morocco a $127 million loan to provide financial resources to meet the country’s needs amid the global COVID-19 crisis, the Arab financial institution announced this Wednesday in a statement. The loan agreement was signed earlier this month by Morocco’s Economy and Finance Minister Mohamed Benchaaboun and the General manager […]

Morocco plans international bond in 2024- minister

Morocco is set to take advantage of its improving macroeconomic situation by tapping into the bond market, more than a year after its successful $2.5 billion bond, Nadia Fettah Alaoui said. The bond would strengthen state finances and help cut the deficit, Fettah Alaoui told Bloomberg. “We are constantly monitoring the market.” “We do not […]

EU leaders laud stricter migration policies that rights groups blame for 3,000 deaths last year

As the European Union and also its member states individually adopt tougher measures on migrants, most notably those undertaking treacherous Mediterranean sea crossings from Africa’s northern shores, human rights groups have slammed the change in EU’s policies, saying they are creating a “cruel system” that is partly to blame for drownings of more than 3,000 […]