tunisian journalist Chahrazed-Akacha

Fitch Affirms Morocco’s BBB-Rating, with Stable Outlook

Fitch Ratings has affirmed Morocco’s long-term foreign-currency Issuer Default Rating (IDR) at ‘BBB-‘ with a stable outlook, praising the country’s macroeconomic stability, its comfortable external buffers and low share of foreign-currency debt in public debt. The credit rating agency projects Morocco’s deficit at 3.7 pc of GDP in 2019 and 3.5 pc in 2020, saying […]

Mostafa Terrab Elected Chairman of International Fertilizer Association

The Board of Directors of the International Fertilizer Association (IFA) has elected Mostafa Terrab, Chief Executive of the Moroccan OCP group, as chairman of this global fertilizer association. Mr. Terrab becomes the first chairman from the African continent of the IFA in its 90-year history. His election to this post was made during the IFA […]

Morocco: Tanger-Med’s success story highlighted at WB-IMF Annual Meetings

The success story of Tanger Med, considered today as the first port infrastructure in the Mediterranean and Africa, was highlighted at the annual meetings of the World Bank and the International Monetary Fund held in Washington. Speaking at a panel focused on the “contribution of trade in the post-Covid recovery”, Director General of the Tanger-Med […]