COVID-19-Morocco-extends-state-of-health-emergency-until-jan-10

EU grants Egypt $40 million to enhance food security

The European Union (EU) has granted Egypt $40 million earn-marked for the improvement of food security in the North African country, Egypt’s International Cooperation Ministry said in a statement. The EU will provide the funds through the Italian Agency for Development Cooperation (AICS). Per the deal, the AICS will partner with the Egyptian Ministry of […]

King of Morocco meets with President Ali Bongo Ondimba, presents a donation of fertilizers for the benefit of Gabonese farmers

King Mohammed VI had, on Wednesday at the Presidential Palace in Libreville, a meeting with President Ali Bongo Ondimba of Gabon. This meeting, subsequently extended to the Minister of Foreign Affairs,  Nasser Bourita, to the Minister Delegate to the Gabonese Minister of Foreign Affairs, Mrs. Yolande Nyonda and to the Secretary General of the Presidency […]

Morocco’s Central Bank raises key interest rate to 3% to mitigate inflation

Morocco’s Central bank decided on Tuesday to lift its rates by 50 basis points to 3 percent to counter inflationary pressures exerted both at the domestic and international levels. During its first meeting of 2023 held in Rabat, the Board of Bank Al Maghrib discussed the evolution of the national economic situation and the Bank’s […]