The US International Trade Administration confirmed the sale of PATRIOT Air Defense systems and G550 reconnaissance aircraft to Morocco. The US agency however did not offer details on the value or quantity of the sale, but it recalled that Morocco is the largest buyer of US arms in the African continent. It recalled that Morocco […]
Eight Moroccans have featured among the top 10 African Francophone leading businesswomen in a ranking established by the renowned Paris-based Jeune Afrique. Miriem Bensalah-Chaqroun, leader of the General Confederation of Moroccan Companies (CGEM, employers’ union) tops the ranking. She received recognition from Jeune Afrique, which reports that the 53-year old woman, who also heads the […]
Global rating agency Fitch has affirmed Morocco’s Long-term foreign currency Issuer Default Rating (IDR) at ‘BBB-‘, Long-term local currency IDR at ‘BBB’, and Short-term foreign currency IDR at ‘F3’. The agency has also given the North African Kingdom a “stable outlook” and affirmed the country ceiling at ‘BBB’. Morocco’s ‘BBB-‘ rating is supported by a […]
