Comoros opened consulate general in Laayoune.

Coup contagion fears threaten new investment, ratchet up interest rates in Africa — experts

The apparent coup trend in Africa, creating a belt of countries that now stretches from the Atlantic Ocean to the Indian Ocean, is adding to other major concerns deterring many investors from the continent — a wave of debt crises, tense geopolitics, and an extreme vulnerability to climate change. There have been nine coups in […]

“Morocco united against Covid-19”, a new commemorative postage stamp

“Morocco united against Covid-19” is the theme of a new commemorative postage stamp that has just been issued by Barid Al-Maghrib, the Moroccan postal service, to pay tribute to the mobilization and commitment of all institutions and all the components of the Moroccan society to face the coronavirus pandemic. The stamp illustrates the representatives of […]

Morocco government to expand its budget by $1 bln

The Moroccan government requested the approval of the parliament to increase its budget by an additional $1 billion or 10 billion dirhams to meet rising expenditures, Moroccan economic media reported. The funds are needed to bolster the budget amid an inflationary context marked particularly by drought and reforms. In this respect, 4 billion dirhams of […]