The International Finance Corporation, a member of the World Bank Group, announced it is investing $50 million in Alliances Group, a leading Moroccan home builder, “to increase the supply of quality affordable housing, create jobs, and spark broader economic development.” The investment consists in the purchase of 3% of the Moroccan group’s shares for $25 […]
Morocco’s foreign minister Nasser Bourita made it clear that the verdict delivered by the European Court of Justice on the Morocco-EU fisheries agreement does not challenge the Kindgom’s political legitimacy to sign with the EU agreements covering the Sahara. In an interview with news portal Le360.ma, Bourita explained that the ECJ did not follow the […]
The US will end trade benefits for Mauritania on January 1 for falling short of abolishing forced labor practices, the US Trade Representative’s Office (USTR) said. Mauritania is not in compliance with requirements of the African Growth and Opportunity Act (AGOA), which provides duty-free treatment for certain goods, USTR said in a statement explaining the […]
