Credit rating agency Standard & Poor’s revised Morocco’s outlook to positive BB+/B thanks to social, economic, and budgetary reforms. With the new rating, Morocco edges closer to retrieve its investment grade, lost during the Covid-19 pandemic. “Morocco’s economy has proven resilient in the face of multiple shocks over the past five years, and maintained access […]
The London-based energy company SDX said it has started gas production in Morocco after receiving government’s approval. SDX well is located in the Gharb region not far from Kenitra, where there is an industrial zone including automotive plants that need gas for industrial operations. Morocco considers gas a transition energy to cut its carbon footprint […]
The terrorist threat is becoming more aggressive in Africa, with the rise of new groups sowing chaos, said Moroccan Foreign minister Nasser Bourita at the African Union Extraordinary Summit which opened Saturday in Malabo to discuss terror threats and military coups in the Continent. Terrorism is evolving towards a nexus between terrorism, separatism and criminality, […]
