Morocco has stepped up its diplomatic efforts in South America winning the support of countries that were until recently supporters of the Algerian-funded separatists’ thesis in the Sahara. The reiteration by Paraguay of its support for Morocco’s autonomy initiative as a lasting political solution to the regional dispute over the southern provinces comes in a […]
Fitch Ratings has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook. Morocco’s ‘BB+’ ratings reflect sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable international liquidity buffers, explained the agency in a commentary published on its official website. Fitch indicated that Real GDP growth was stable […]
The Moroccan Sahara has become a magnet for investors in ports, infrastructure, energy and tourism thanks to a propitious business climate and the Kingdom’s effort to ensure global support for its sovereignty over the territory, Bloomberg wrote. “A $1.2 billion project, Dakhla Atlantic Port, is transforming a desert area into a crucial trade link, connecting […]
