Casablanca Mohammed-V airport

Moody’s confirms improvement of Morocco’s financial outlook to stable

Credit rating agency Moody’s affirmed Morocco’s outlook to stable from negative while it maintained its long-term issuer at BA1. Moody’s noted the recovery of Morocco’s real GDP to levels backed by solid crisis management capacities by the government during the pandemic, the agency said in a statement. “The improved governance track record underpins Moody’s expectation […]

Morocco-Nigeria: OCP Africa supports Gombe State promote farming

OCP Africa, a subsidiary of Morocco’s OCP Group, recently signed a memorandum of understanding with the State of Gombe to support the agricultural sector in this northeastern region of Nigeria. OCP Africa will provide its support to the State of Gombe, Nigeria, for the development of its agricultural sector, the subsidiary of the OCP Group, […]

EU, France pledge 2 million euros to back elections in Madagascar

The European Union (EU) and France Thursday vowed to assist Madagascar with one million euro each for the presidential elections slated to take place in the African country next November. The pledged funds will go into a basket Fund set up by the UNDP, earmarked to back the electoral process. The independent Electoral mission indicated […]