Morocco informal sector

Morocco rejects Fitch Rating report on banking sector

Morocco’s central bank has efficient and effective regulatory control of the banking sector contrary to what Fitch rating claimed in a recent report, said head of the bank Abdellatif Jouahri. The central bank governor, who was speaking to reporters, said Fitch was wrong in its conclusions that run contrary to what other international rating agencies […]

Strategic U.S. strikes target ISIL network in Somalia’s mountain stronghold

Deep in Somalia’s rugged Golis Mountains, US precision military strikes have dealt a significant blow to ISIL’s regional operations, marking a crucial development in the ongoing counterterrorism efforts across the Horn of Africa. The U.S. Africa Command confirmed that in coordination with the Federal Government of Somalia, airstrikes against ISIS-Somalia were conducted on Feb. 1, […]

Morocco Softens Regularization Requirements for Migrants

Morocco granted residency permits to 14,000 out of 28,000 applicants as part of the second phase of a migrant regularization campaign that lasted from December 2016 to December 2017. The softening of the regularization requirements was taken upon Royal instruction with the aim to help the remaining 15,000 applicants to have access to employment, social […]