North Africa Post
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Emerging Markets Finance Headlines Morocco

Morocco’s Central Bank keeps key rate unchanged at 3 % & expects 2.1 % Growth in 2024

North Africa Post

Morocco’s central bank has decided to maintain the current key rate at 3 percent and expects the country’s economic growth to be limited to 2.1 percent in 2024, before rebounding to 4.3 pc in 2025. During its first meeting of 2024 held Tuesday in Rabat, the Board of Bank Al Maghrib said the key rate […]
Africa Business Emerging Markets Europe Headlines International Morocco

Turkey’s Baykar to produce military drones in Morocco, a momentum to Kingdom’s defense industry

North Africa Post

Morocco’s defense industrial ecosystem is gaining momentum with Turkish Baykar Company strategic decision to establish a manufacturing site of military drones in the North African Kingdom. Baykar, a global leader in drone industry, has set up a Moroccan subsidiary, named “Atlas Defence”, based in Rabat. The Moroccan plant is dedicated to the design, production, and […]
Africa Emerging Markets Headlines International Morocco

Burundi reiterates unconditional support for Morocco’s territorial integrity & sovereignty, hails king’s Atlantic Initiatives

North Africa Post

Burundi’s Foreign Minister Albert Shingiro has reiterated his country’s consistent position in favor of Morocco’s territorial integrity and unconditional support to the Kingdom’s sovereignty over its entire territory, including the Sahara region. This came during a meeting the Burundian official held in Rabat on Thursday with his Moroccan peer Nasser Bourita. Albert Shingiro also reiterated […]