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UK explores major trade & security post-Brexit agreements, focuses on opportunities with Africa, Morocco

The United Kingdom is actively pursuing comprehensive trade and security post-Brexit agreements, the main aim being to unlock the significant opportunities abounding across the African continent, and particularly in Morocco, the gateway to Africa. Actually, since leaving the European Union, the UK has been eyeing the Moroccan market, considering it one of the promising markets […]

US seeks Moroccan fertilizers to make up for supply disruption due to Gulf war

The US is seeking to plug its fertilizers shortage following supply disruptions in the Gulf by increasing imports from Morocco and Venezuella, White House economic adviser Kevin Hassett said. “We’ve … established licenses for Venezuela to produce more fertilizer. We’ve had discussions with Morocco,” he told CNBC. Additional supplies from Morocco and Venezuela would represent […]

Bank Al-Maghrib & IMF Extend Investment Agreement

Morocco’s central bank (Bank Al-Maghrib ) has agreed to extend its investment agreement for the benefit of the Poverty Reduction and Growth Trust (PRGT) until 2022 in support of IMF’s concessional lending to low-income member countries. The International Monetary Fund (IMF), as Trustee of PRGT, has amended its 2012 investment agreement with Bank Al-Maghrib, through […]