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Morocco: Central Bank raises rates to 2.5 % & expects growth to reach 3pc in 2023

Morocco’s central bank has decided to raise its key rate by 50 basis points to 2.5pc due to inflation upward trends and external pressures that spread to non-tradable goods and services and to the implementation of the subsidy system reform starting 2024. During last quarterly meeting held Tuesday in Rabat, the Board of Bank Al-Maghrib […]

CAF unveils official match ball ‘ITRI’ for Africa Cup of Nations Morocco 2025

The Confederation of African Football (CAF), in partnership with leading global sports brand PUMA, unveiled this Monday the official match ball for the TotalEnergies CAF Africa Cup of Nations (AFCON) Morocco 2025. The ball, named ITRI, draws inspiration from Morocco’s centuries-old zellij art form – renowned for its intricate geometric mosaics – whilst symbolizing the […]

Catalan delegation on economic mission to Morocco

A high-level economic and institutional delegation from Catalonia is expected in Morocco this Tuesday on a three-day strategic business mission, aimed at strengthening commercial and economic relationships between the northeastern Spanish region and the kingdom. This initiative represents a significant step in expanding cross-border cooperation between two economically dynamic regions. The mission, organized by Foment […]