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Morocco’s Royal Atlantic Initiative showcased in Russia’s Sochi
Morocco’s foreign minister Nasser Bourita highlighted the Kingdom’s south-south cooperation approach in Africa as evidenced by the Atlantic Initiative, that was launched by King Mohammed VI to give access to the ocean and global trade to landlocked Sahel states. Bourita was speaking at a Russia-Africa partnership forum in Sochi hosted by the Russian government. Bourita […]
Moroccan & Hungarian Central Banks to enhance cooperation in online financial services
Morocco’s Central Bank (Bank Al-Maghrib) and its Hungarian peer Magyar Nemzeti Bank (MNB) have agreed, under an agreement, to foster their cooperation in banking digitalization and innovation in financial services. The agreement, which was signed on Monday, also deals with risk management related to digitalization as well as cybersecurity and digital transformation. Speaking on this […]
Algeria: Industry Minister Threatens to Close Car Assembly Plants
Algeria’s Industry Minister Bedda Mahjoub expressed frustration at his country’s policy of attracting car assembly plants and threatened to close these factories due to their low integration rates. “We should put an end to the production model as most manufacturers have not improved their integration rates, he told the press after speaking to MPs. While […]


