Spanish agriculture & fisheries minister Luis-Planas

Morocco wants to diversify partners within and outside EU

Morocco has in recent years stepped up efforts to diversify partners within the EU and outside it, said Foreign Minister Nasser Bourita. Bourita, who made the statement following talks with Hungarian peer Peter Szijjarto, noted that Rabat looks at Hungary as a platform to access the Eastern European market. In this respect, Bourita said Morocco […]

The top beneficiary countries of Sino-Africa trade in 2018

Trade import and export volumes between China and countries from Africa have grown significantly in 2018, but only 15 countries from the continent have benefited from the growth. According to Chinese customs service, most of these countries are located in sub-Saharan Africa, with the exception of Libya. These are Angola, South Africa, Congo, DRC, Zambia, […]

Morocco to introduce secondary market for non-performing loans

Morocco’s central bank has prepared a draft law that would set up a secondary market in which non-performing loans, currently at 9.8 billion dollars, can be sold, in a move that will boost banks’ liquidity. The news was announced by director general of the central bank, Bank Al Maghrib, Abderrahim Bouazza, who said non-performing loans […]