Former Malian President Amadou Toumani Touré

Pro-autonomy resolution on Sahara pressures AU to align with UN framework

By explicitly endorsing Morocco’s autonomy plan as the most feasible solution, the UN Security Council resolution 2797 places mounting pressure on the African Union (AU) to harmonize its position with the UN-led process. Resolution 2797 extends the mandate of the UN Mission for the Referendum in Western Sahara (MINURSO) until October 2026 and declares Morocco’s […]

India Pesticides Company Secures Morocco’s Approval for Marketing Fungicide Formulation

India Pesticides, a major chemical and agrochemical manufacturing company, has announced it secured regulatory approval for a fungicide formulation in Morocco, marking its official entry into the North African agrochemical market. The Company said approval is expected to drive growth in the company’s export revenues while contributing to India’s foreign exchange earnings. This development represents […]

Fitch Rates Morocco ‘BB+’ with a Stable Outlook

Fitch Ratings has assigned Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) ‘BB+’ rating with a stable outlook due to the country’s macroeconomic stability, low inflation, a moderate share of foreign-currency debt in total general government debt and comfortable external liquidity buffers. Morocco’s fiscal deficit is expected to narrow to 6.3% of GDP in 2021 from […]