Former Mauritanian president ould abdel Aziz

WTO warns Africa risks missing AI trade boom without urgent digital reforms

The World Trade Organization (WTO) has warned that Nigeria and other African economies risk being excluded from the next wave of global trade unless they urgently invest in digital infrastructure, skills, and AI governance. According to the WTO’s 2025 World Trade Report, artificial intelligence (AI) could boost global trade by up to 37% by 2040, […]

Morocco to spend $1bln to upgrade urban transports

Morocco will earmark 1 billion dollars to buy new buses in different Moroccan cities as part of a 2024-2029 urban transport modernization plan, the interior minister Abdelouafi Laftit said. In total, Morocco would need 3500 new buses in 32 cities as part of an investment that also includes the upgrade of ticket machines and stations, […]

Fitch rates Morocco “BB+” with stable outlook

Fitch Ratings agency has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a Stable Outlook due to favorable debt composition, reasonably comfortable external liquidity buffers and a record of macroeconomic stability. In 2021, Morocco’s GDP growth rebounded to 7.4%, after contracting by 6.4% in 2020. “We forecast growth to decelerate to 1.1% […]