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Economy: Fitch affirms Morocco’s ‘BB+, stable outlook

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 […]

Tunisia: Alleged recognition of first same sex marriage triggers controversy

The recent announcement by an association militating for the decriminalization of homosexuality in Tunisia claiming that the North African country has validated a same sex marriage has triggered controversy. According to Shams, a Tunisian LGBT rights association, a marriage settlement between a French and a Tunisian, signed in France, has been recognized in Tunisia, making […]

Morocco Navigates Global Trade Boom Amid Financial Vulnerabilities

Global commerce is poised to reach a historic milestone in 2025, with trade volumes expected to hit $35 trillion according to the United Nations Conference on Trade and Development (UNCTAD). Africa’s export growth ranks second only to East Asia, positioning Morocco as one of few African nations capable of fully capitalizing on this expansion. The […]