Germany has taken over the rotating one-year presidency of the Sahel Alliance — a key development body from the region — with Berlin saying that jobs, agriculture, and security will be its top priorities during the tenure. Germany’s Development Minister Svenja Schulze traveled to Mauritania earlier this week to formally take over the presidency of […]
Credit fundamentals of major Moroccan banks are recovering slowly from the negative impacts generated by the covid-19 pandemic, says Fitch Ratings. The global health crisis caused a 6.3 pc Moroccan GDP contraction in 2020, the worst contraction in 25 years. “The banks’ asset quality and profitability weakened noticeably in 2020. Nonetheless, their credit profiles were […]
“We welcome the new steps Morocco is taking to improve relations with Israel. The Morocco-Israel relationship will have long-term benefits for both countries.” … “We will continue to support the UN processus to implement a just and lasting solution to this long standing dispute in Morocco. We also support the MINURSO to monitor the ceasefire […]
