New Renault-Nissan Alliance plant inaugurated in Tangier, Morocco

Africa’s twin drain: climate disasters and illicit fund transfers erode infrastructure and growth

Africa is losing billions each year to twin economic threats: climate-induced natural disasters and illicit financial flows, a new series of reports reveal. According to a new report by the Coalition for Disaster Resilient Infrastructure (CDRI), natural disasters inflict $12.7 billion in annual damage to infrastructure across the continent. Floods alone account for nearly 69% […]

Morocco, US Celebrate 230 Years of Friendship Ties

This week marks the 230 anniversary of the Treaty of Peace and Friendship between Morocco and the United States, said the Moroccan American Center for Policy on behalf of the Government of Morocco. This longest unbroken treaty in the US history testifies to centuries old ties that stretch as far back as 1777, when Morocco […]

Morocco’s Central Bank pauses monetary tightening as inflation eases

Morocco’s central bank pauses its monetary tightening as inflation is expected to further drop to 2.6% in 2024 from 6% in 2023 amid preparations for reconstruction in earthquake-hit areas. Speaking to the press Abdellatif Jouahri highlighted the uncertainties of the global economy and the need for vigilance, adding that holding the key interest rate as […]