Morocco is carefully evaluating a Chinese proposal to launch free trade negotiations, as authorities weigh the potential benefits against risks to domestic industry and existing trade commitments, Industry and Trade Minister Ryad Mezzour said. China has formally suggested a bilateral free trade agreement, but Rabat is proceeding cautiously, conducting impact assessments before deciding whether to […]
Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]
North Africa boasts the world’s richest phosphate reserves, most of which is located in Morocco but Algerian and Tunisian soil have significant untapped potential. Algeria has long dreamt to develop phosphates-related industries through the setting up of fertilizers plants in Annaba and developing the eastern phosphate cluster in the Tebassa region. However due to multiple […]
