Raja cruises to semi finals of Mohammed VI cup

Fitch gives Morocco ‘BB+’ rating with stable outlook

Fitch agency has awarded Morocco ‘BB+’ rating consolidated with a stable outlook thanks to the country’s sound macroeconomic policies that has supported resilience to shocks, a favorable debt composition and a comfortable external liquidity buffer. Economic growth slowed in 2022 to 1.2% from 7.9% in 2021, as agricultural output contracted by 15% due to a […]

Morocco’s ONCF draws investors’ interest at AfDB’s Africa Investment Forum, commitments exceed $14 billion

Morocco’s railway operator ONCF has presented a “strategic” plan to expand the service for a total cost of 8.8 billion dollars, in a project that drew interest of investors offering up to 14 billion dollars, head of the African Development Bank chief Akinwumi Adesina said. The project was a “big success” for Morocco, Adesina said […]

Trump administration mulls downsizing US Africa Command amid Pentagon reforms

The Trump administration is weighing a significant restructuring of the US military presence in Africa, potentially downsizing the US Africa Command (AFRICOM) as part of broader Pentagon reforms. The proposal under consideration would transfer AFRICOM to a subordinate position under US European Command (EUCOM), significantly reducing its influence over military operations across Africa. AFRICOM, which […]