AfDB headquarters

Morocco to Launch Gradual Dirham Liberalization in June

Morocco’s Central Bank, Bank Al Maghrib, said it will launch the gradual float of the Dirham as of June in collaboration with the IMF to reach a flexible exchange rate system. In a statement to Reuters, Governor of Bank Al Maghrib, Abdellatif Jouahri, said that the first stage of Dirham liberalization will start in June, […]

Morocco plans trains assembly plant- minister

Morocco plans to set up a train assembly plant that will be geared for exports as well as for domestic use as the country expands its rail network, the transport minister Abdessamad Kayouh said. Briefing MPs on the latest developments on the rail sector, the minister said rail operator ONCF will add an additional 1300 […]

Morocco, Dominican Republic waive visa requirements

Morocco and the Dominican Republic have waived visa requirements for each other’s citizens as part of a set of agreements signed during the visit Moroccan Foreign Minister Nasser Bourita paid earlier this week to the Caribbean nation. As part of the deal, Moroccans and Dominicans can stay in either country up to 60 days without […]