Mokhtar-Belmokhtar

Fitch rates Morocco “BB+” with stable outlook

Fitch Ratings agency has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a Stable Outlook due to favorable debt composition, reasonably comfortable external liquidity buffers and a record of macroeconomic stability. In 2021, Morocco’s GDP growth rebounded to 7.4%, after contracting by 6.4% in 2020. “We forecast growth to decelerate to 1.1% […]

Morocco: RNI, PAM, Istiqlal join efforts in local councils

The three biggest winners of Morocco’s general and local elections said they forged an alliance in local and regional councils in a move that could draw the contours of the next government alliance. Talks have started this week after King Mohammed VI appointed head of the RNI Aziz Akhannouch as Head of the government and […]

US Secretary Rubio Highlights Morocco’s Pivotal Role in Global Critical Minerals Diversification

US Secretary of State Marco Rubio praised Morocco’s strategic importance in diversifying global critical mineral supply chains during a ministerial conference at the State Department, emphasizing the Kingdom’s unique combination of resources, transformation capacity, and international cooperation commitment. “Morocco has a key role to play because of the deposits it possesses, but also because of […]