Tindouf camps

Morocco Gets Over $96 Loan to Improve Access to Employment

The African Development Bank (AfDB) has announced a $96.6 million loan to Morocco to enable the country to implement a program on improving access to employment through vocational training. “Morocco is one of the first African countries to use this innovative financing instrument that makes the disbursement cycle conditional on achieving results, while reducing transaction […]

Senegal, latest African country to open a consulate in Dakhla

Senegal has joined the club of African countries that have taken their recognition of Morocco’s sovereignty over the Sahara to a tangible consular level. Senegal, Morocco’s longstanding friend and ally, will open its consulate on Monday, Moroccan media said citing official sources. Senegal’s move in support of Morocco’s territorial integrity has a heavy weight on […]

S&P raises Morocco’s rating to ‘BBB-/A-3’ with stable outlook

The Standard & Poors agency has raised Morocco’s sovereign credit rating from ‘BB+/B’ to ‘BBB-/A-3’ with stable outlook thanks to the resilience shown by the country’s economy in the face of consecutive economic shocks, including the one triggered by the instability in global trade because of U.S. trade tariffs. Economic growth prospects are solid, with […]