Gulf-Morocco

Plugging the leaks: AfDB urges action as Africa loses $580B annually

Africa is hemorrhaging over $580 billion every year through corruption and illicit financial outflows, according to the African Development Bank (AfDB), jeopardizing economic growth and worsening the continent’s nearly $2 trillion debt crisis. AfDB President Akinwumi Adesina, speaking in a recent Bloomberg interview, likened the situation to pouring water into a leaking bucket — “It […]

Morocco calls for paradigm shift in how migration is tackled in Mediterranean

Morocco’s foreign minister highlighted at an international conference in Rome the King’s vision in favor of a solidarity-approach towards migration that breaks away with the all-security treatment of the issue. Speaking at the International Conference on Development and Migration, chaired by the Italian Prime Minister, Giorgia Meloni, foreign minister Nasser Bourita recalled Morocco’s role under […]

Russia-Ukraine war: Morocco to scale up fertilizers exports to Brazil

The Russia-Ukraine war is reshaping the global trade & supply chain as Western nations have imposed severe economic and financial sanctions on Moscow for its invasion of Ukraine. Morocco is the 3rd supplier of fertilizers to Brazil after Russia and Belarus. To avoid a shortage of the nutrients due to the international sanctions and escalating […]