Andean Community

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 […]

France sets up French Alliance in Laayoune

French Minister of Culture, Rachida Dati, announced on Monday in Laayoune the establishment of a French Alliance in the city, aiming to boost cultural cooperation between France and Morocco, particularly in the southern provinces. “We want this Alliance to become a resource center and a key hub for cultural cooperation between France and Morocco,” Dati […]

Bouteflika Playing his Little Game of Musical Chairs again with Prime Ministers

Abdelmajid Tebboune, who was still called the new Prime Minister of Algeria, was fired Tuesday, less than three months after he took office. The decision took everyone by surprise and so did the announcement of the man replacing the dismissed PM, as President Abdelaziz Bouteflika picked for the position the director of his cabinet, Ahmed […]