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Morocco to abandon international bond issue in 2022
Morocco may no longer issue an international bond as was planned earlier this year amid deep uncertainty and market volatility, finance minister Nadia Fettah Alaoui said. The government expects its financing needs to grow to 60 billion dirhams ($5.5 bln) next year compared with some 45 billion dirhams this year. “We will try to strike […]
Morocco’s Managem targets 50% gold portfolio, CEO Says
Managem plans to expand the share of gold in its portfolio from 20% to 50% as it expects an increase in production from the mine it operates in Sudan, CEO Imad Toumi said. Managem also plans to start production in its Tri-K gold mine in Guinea in the second half of this year, Toumi told […]
France Reaffirms Polisario will not Take Part in EU-Africa Summit
French Foreign Minister Jean-Yves Le Drian pointed out that only sovereign states are entitled to participate in the EU-Africa Summit, to be held in Abidjan, thus making it clear that France rejects categorically the attempts by separatist proponents to impose the participation of the separatist SADR entity. The Minister said Monday in Rabat at a […]



