Fitch agency has awarded Morocco ‘BB+’ rating consolidated with a stable outlook thanks to the country’s sound macroeconomic policies that has supported resilience to shocks, a favorable debt composition and a comfortable external liquidity buffer. Economic growth slowed in 2022 to 1.2% from 7.9% in 2021, as agricultural output contracted by 15% due to a […]
Rabat, Morocco’s capital city, will host the new regional headquarters of the World Bank, according to local press report. The move strengthens the Kingdom’s economic attractiveness and position as a gateway to African markets. Morocco has gained the trust of the World football governing body for hosting FIFA Africa Office. The World bank followed suit, […]
South Africa’s main opposition party, the Democratic Alliance (DA) said that it had taken a legal action to ensure that Russian President Vladimir Putin would be arrested if he finally decided to attend a BRICS summit in the country in August. The arrest warrant to arrest Putin, which was issued by The Hague-based International Criminal […]
