Tanger-Med port

Despite its mineral wealth, Africa accounts for only 2.4% of global GDP — ECOWAS

Africa accounts for only 2.4% of global Gross Domestic Products (GDP), although the continent has approximately 30% of the earth’s remaining mineral resources, Economic Community of West African States (ECOWAS) revealed last week. Despite Africa’s disproportionately low share of the global GDP, the continent has the largest reserves of precious metals with over 40% of […]

Spain keeps position as Morocco’s first trading partner in 2019

EU countries took 66% of Morocco’s foreign trade with Spain topping the list with $15 bln followed by France with $13 bln, the foreign exchange agency said. Spain and France accounted for 58% of overall trade with the EU as Morocco has been steadily diversifying trade partners over the last few years, the agency said […]

Morocco attends 44th AU Executive Council Ordinary Session in Addis Ababa

Morocco is taking part in the 44th ordinary session of the African Union (AU) Executive Council, which kicked off on Wednesday in Addis Ababa in the run-up to the Union’s Summit on February 17-18. The Foreign ministers of the 54 AU member countries are examining at this session the report of the 47th ordinary session […]