standard & poor’s

Morocco’s automotive exports gaining momentum

The exports of Moroccan automotive sector increased by 24.4% to over $4 billion during the past five months against $3.2 billion recorded the same period of last year, according to latest data released by Moroccan Foreign Exchange Office. However, the share of car sales in total exports slightly drops to 23.4% end of May 2022 […]

Ethiopia offers amnesty to 13,200 prisoners

The Ethiopian government has pardoned about 13,200 people who were previously charged with or convicted of terrorism and/or treason. According to state-affiliated Fana Broadcasting Corporate, more than 13,200 individuals took advantage in the past six months of a law passed by parliament in July allowing people convicted or facing charges of “treason, crime against the […]

Morocco, Russia celebrate 65th anniversary of establishment diplomatic ties

Morocco and Russia are celebrating this week the 65th anniversary of the establishment of diplomatic ties between the two states. Foreign Minister Nasser Bourita and his Russian counterpart Sergey Lavrov exchanged congratulatory messages on this occasion. The messages reaffirmed commitment to enhance and deepen the multidimensional and mutually beneficial cooperation between Morocco and Russia, the […]