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Morocco’s Central Bank keeps rates unchanged, expects growth to reach 2.9 % in 2023 & 3.2 % in 2024

Morocco’s central bank has decided to keep its key rate unchanged at 3 percent due to the high degree of uncertainty surrounding the international developments and the domestic context in the aftermath of the earthquake that hit the country on Sept.08. The decision was made Tuesday by the Board of Bank Al-Maghrib after discussing local […]

Albania backs Morocco’s stand on Sahara, hails royal Atlantic initiatives

Albania endorsed Morocco’s autonomy plan for the Sahara as “serious and credible” and commended the kingdom’s role in promoting regional stability. This came in a joint statement following talks between Albanian foreign minister Igli Hasani and his Moroccan peer Nasser Bourita. “Albania recognizes the importance of the western Sahara issue for Morocco as well as […]

Morocco shares renewable energy expertise with African partners

Morocco’s State Secretary for Foreign Trade, Omar Hejira, reaffirmed the kingdom’s commitment to sharing renewable energy and electrification expertise with African nations during a major energy conference in Dakar. Speaking at the opening of the African Confederation of Electricity, Renewable Energy and Energy Efficiency touring exhibition, Hejira emphasized Morocco’s resolve to implement effective and supportive […]