central bank governor BAM Abdellatif Jouahri

Morocco to receive 24 US attack helicopters worth $1.5 billion

Morocco, the largest US weapons buyer in Africa, is filling the gap in its helicopter attack capacity with the purchase of 24 AH-Appache helicopters for a total cost of $1.5 billion, US media said. The deal comes in a series of purchases from the US armament industry to bolster the land and air components of […]

Morocco reports trade surplus with Africa despite drop in exports

Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion dirhams in goods to Africa in 2018. The continent takes 7.8% of Morocco’s exports. Over four years, Morocco’s exports to Africa grew 29% while imports dropped 5% as the Kingdom […]

Morocco wants a relationship of equals with the EU

The age of patronizing is bygone and Morocco has taken matters into its own hands by cutting all contacts with the German embassy in a hard worded message to some European parties that they cannot do business as usual while seeking to undermine Morocco’s territorial integrity.   A leaked foreign ministry document, confirmed to the […]