Morocco’s economic growth to pick up in 2020 after 2.6% in 2019- Central Bank

Morocco’s economic growth is expected to fall to 2.6% in 2019 after lower rainfall affected crops, the central bank said, noting that growth would increase to 3.5% in 2020. The central bank, known as Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% while promising to carry out action to promote entrepreneurship. Holding […]

King Mohammed VI Outlines Morocco’s New Development Model as Key Growth Driver

King Mohammed VI drew up on Tuesday the broad lines of Morocco’s new development model, which will be the driving force of inclusive growth, social equity and sustainable development.   In his speech to the Nation marking the 66th anniversary of the Revolution of the King and the People, the Monarch shed more light on […]

Morocco, Nigeria Agree to Build Landmark Gas Pipeline

Morocco and Nigeria signed a partnership agreement to conduct feasibility studies and build a gas pipeline that will stretch along the coast connecting Nigerian gas wells with West African countries all the way up until reaching the Kingdom. The signing ceremony of the agreement was chaired in Abuja by Nigeria’s President Muhammdo Buhari and King […]