Morocco Colombia Approve 2020-2022 Cooperation Program

Exxon Mobil plans $10bln investment in Nigeria

Hydrocarbons giant Exxon Mobil plans to invest 10 billion dollars in Nigeria’s offshore oil, a spokesman for Nigeria’s presidency said. The investment was discussed by Nigeria’s Vice President Kashim Shettima and the CEO of Exxon’s Nigeria operations Shane Harris on the sidelines of the U.N. General Assembly in New York, presidential spokesperson Stanley Nkwocha said […]

Coronavirus: Maghreb Countries reinforce preventive measures

Maghreb Countries are reinforcing preventive measures against the spread of the COVID-19, with Morocco asking its citizens to stay home and to limit their movement to essential errands, Tunisia imposing a curfew nationwide and Algeria banning demonstrations. In Morocco, one of the first countries in the world to apprehend the scale of coronavirus outbreak and […]

Remittances from Moroccans abroad to hit record level in 2022

Remittances from Moroccans abroad are expected to hit 11 billion dollars, a record level compared to 9.3 billion last year, the World Bank said in a recent report. Remittances are key to feeding Morocco’s foreign exchange reserves, which cover around 6 months of import needs, according to the central bank. Morocco, whose diaspora is mainly […]