Moroccan economy

Marrakech: Ministers from Some 40 African Countries Meet to Support UN Process on Sahara

Morocco hosts this Monday in Marrakech an African Ministerial Conference on African Union’s support to the United Nations political process on Sahara. The event, which brings together 37 African countries from the five sub-regions of the continent, comes to back the decision, adopted at the 31st AU Summit, held July 1-2, 2018 in Nouakchott (Mauritania), […]

Morocco’s Attijariwafa Bank profit hits record $950 million in 2024

Attijariwafa Bank reported a 26.6% increase in its annual 2024 net profit to 950 million dollars, amid an expansion of activity in Morocco and in African subsidiaries. The bank reported an 8% increase in loans to the economy in Morocco, raising its market share to 28.1% from 26.9% in 2023, it said in a statement […]

AU: Peace & Security Council backs Rabat’s African Atlantic Process

The African Union’s Peace and Security Council (PSC) encourages the African Atlantic Process initiated in Rabat to consolidate an African framework for cooperation on maritime security and safety. The AUPSC “encourages the African Atlantic Process in Rabat, within the framework of existing regional, sub-regional and inter-regional mechanisms, to contribute to the consolidation of an inter-African […]