Pressure exerted on Morocco’s current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, the North African country has buffers to manage increased pressures, including recently displayed willingness to adjust the flexibility of the exchange rate regime, adds the international rating agency. Disruptions to […]
The Niger government has declared three days of national mourning after at least 29 soldiers were killed by suspected terrorists near the country’s border with Mali, whose army is also waging battles against Islamist militants on multiple fronts after the UN peacekeeping mission withdraws. The “three borders” area between Niger, Mali and Burkina Faso is […]
Morocco received the agreement in principle to obtain the status of Sectoral Dialogue Partner from the Association of Southeast Asian Nations (ASEAN), at the 56th meeting of foreign ministers of member countries held on July 11 and 12, 2023, in Jakarta, Indonesia. Morocco, the first African country to benefit from this status, aims through this […]
