Andean-Community

Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.25 % & Expects 5.6 % Growth in 2026

Morocco’s Central bank has decided to maintain its key interest rate unchanged at 2.25 % due to the continued strong momentum in economic activity, the projected moderate levels of inflation, and the significant uncertainty surrounding the global outlook. The decision was made Tuesday by the Bank’s Board after analyzing national and international economic developments, as […]

KfW provides Morocco over €52 Mln for new drinking water projects

Germany’s Development Bank (KfW) will provide Morocco’s National Office of Electricity and Drinking Water (ONEE) additional €52.6 million including €3.1 million grant for drinking water projects to be carried out in the North African Kingdom. The new funding and grant agreements were signed Tuesday by ONEE Chief Abderrahim El Hafidi and KfW Director Water & […]

Morocco Bridges India with Francophone Africa, Times of India says

On the occasion of the 60th anniversary of diplomatic ties between Morocco and India, the Times of India published an Op-ed making the case for strengthening relations with the North African Kingdom as a means to outreach diplomatically and economically to francophone Africa.   The author of the article, Rudroneel Ghosh, calls on his country […]