Moroccan field hospital in zaatari

Countries dependent on commodities hit 20-year high; Sub Saharan Africa hardest-affected region

The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report, noting that commodity dependence affects developing countries almost exclusively. According to the State of Commodity Dependence Report 2019 released last week, dependence on commodities affects 85% of least developed countries, 81% of landlocked developing […]

Morocco reaps economic achievements of King Mohammed VI vision

Morocco is celebrating this week the 23rd anniversary of the enthronement of King Mohammed VI, an occasion to zoom on the achievements made by the country under a forward-looking King whose vision is putting the kingdom on track of modernity. When the current king succeeded to his father in 1999, Morocco had a GDP of […]

BCP Bank, AfDB Join Efforts in $100 mln Deal to Enhance African Trade

Morocco’s BCP Bank and the African Development Bank teamed up in a $100 million agreement to boost trade between African countries. The deal (risk participation agreement) provides for cooperation to promote trade between African states by meeting the growing demand on financing transactions in the continent, the Moroccan bank said in a statement. The BCP […]