Morocco -PM elothmani-finance minister benchaaboun

Moroccan textile exports hit new record, professionals seek action on upstream

Morocco’s textile industry has outperformed pre-pandemic levels hitting 3.26 billion dollars in exports up to November this year according to foreign exchange data, but professionals warn of the heavy dependence of Moroccan textile sector on imported material. For decades, Morocco is in the top 10 list of suppliers of the European market and takes the […]

Morocco’s Central Bank gearing up digital currency

As many Western societies are going paperless and cashless, several central banks across the world started testing digital money to assess the risks and benefits of cryptocurrency, a global market spurred by Covid-19 restrictions in emerging economies particularly in Africa and Asia. Sensing the growing importance of decentralized digital currency with the evolution of Information […]

Sudan: UN appeals for aid as 200,000 forced to flee abroad

The United Nations has appealed for $3 billion to help those affected by the conflict in Sudan with a top UN official decrying multiple serious breaches of an agreement by Sudan’s warring parties last week to spare civilians and civilian infrastructure and to let in badly needed aid. The United Nations humanitarian agency said it […]