Global rating agency Fitch has affirmed Morocco’s Long-term foreign currency Issuer Default Rating (IDR) at ‘BBB-‘, Long-term local currency IDR at ‘BBB’, and Short-term foreign currency IDR at ‘F3’. The agency has also given the North African Kingdom a “stable outlook” and affirmed the country ceiling at ‘BBB’. Morocco’s ‘BBB-‘ rating is supported by a […]
The French Development Agency (AFD) has earmarked €300,000 to fund a pan-African training program for museum and heritage professions in Africa to be spearheaded by Morocco’s National Museum Foundation (FNM). The grant-related agreement was signed Monday in Rabat by French Foreign Minister Jean Yves le Drian, President of the FNM Mehdi Qotbi, and AFD Director […]
Morocco has rejected an initiative put forward by the UN Secretary General, Ban Ki-Moon, whereby the UN takes over the works to asphalt the Guegarat road on the borders with Mauritania, Moroccan news outlets reported. In an attempt to avert a resumption of hostilities between the Royal Armed Forces and the Algerian-backed Polisario separatists, the […]
