Federica-Mogherini

Mauritania’s President Irked by Poor Reception, Recalls Envoy to Banjul

The Mauritanian President, who has been reportedly angered by the poor consideration shown by Gambian President during his participation in Gambia’s celebration of its 52nd anniversary, has recalled the Mauritanian envoy in Banjul. Two days after his disappointing visit to Banjul, President Ould Abdel Aziz recalled Ba Ousmane, his ambassador to The Gambia, and appointed […]

Morocco’s Central Bank Maintains Key Rate at 2.25 % & Expects 4.3 % Growth in 2017

Morocco’s Central Bank, Bank Al-Maghrib, decided Tuesday to maintain its key interest rate unchanged at 2.25 % during the third quarterly meeting of its Board of Directors which expects a 4.3% growth in 2017. After analyzing recent economic developments and reviewing the macroeconomic forecasts, the Board deemed as “appropriate” the decision to uphold the key […]

Morocco’s Sahara, magnet for foreign investors- Bloomberg

The Moroccan Sahara has become a magnet for investors in ports, infrastructure, energy and tourism thanks to a propitious business climate and the Kingdom’s effort to ensure global support for its sovereignty over the territory, Bloomberg wrote. “A $1.2 billion project, Dakhla Atlantic Port, is transforming a desert area into a crucial trade link, connecting […]