Finance Minister Mohammed Benchaaboun and Maghreb director at WB Jesko Hentschel

Libya’s central bank reports January-February revenue and expenditure figures amid economic challenges

Libya’s Central Bank has published its financial report for the first two months of 2025, revealing total revenues of 18.256 billion dinars and expenditures exceeding 8.4 billion dinars. The primary source of revenue for the period from January 1 to February 28 was oil sales, which generated 14 billion dinars. Additional income came from oil […]

Rabat & Brussels agree on new farming deal including products from Kingdom’s Saharan territory

Morocco and European Union have reached a new historic agricultural agreement opening the EU market to Moroccan Saharan products with the same preferential tariffs as those applied to all Moroccan products. The deal is expected to boost agriculture and employment. It also confirms Morocco status as a key strategic partner of the European bloc. The […]

Morocco, Mozambique set up business council to bolster joint investment

The employers’ unions of Morocco and Mozambique have agreed to set up a joint business council to foster trade exchanges and economic cooperation between the two African countries. The agreement was inked Thursday in Marrakesh by Chakib Alj, President of the General Confederation of Moroccan Enterprises (CGEM), and Agostinho Zacarias Vuma, Chairman of the Confederation […]