couvre-feu

Converting Debt to Shares, a Possible Scenario to Save Morocco’s Sole refinery

Creditors of Morocco’s sole refinery, Samir, are putting on the table the alternative of converting the massive 43-billion-dirham debt ($4.55 billion) into shares, a move that entails giving creditors a say in the board of trustees, Moroccan media reported on July 11. After an appeals court in Casablanca upheld a ruling placing the refinery into […]

Blinken to visit Africa to counter Russian charm offensive

The head of US diplomacy will travel in August to South Africa, the Democratic Republic of Congo and Rwanda, the State Department announced, as the US seeks to counter Russian diplomatic influence. Antony Blinken will aim to show “African countries that they have a critical geostrategic role and are crucial allies on the most pressing […]

Morocco: Market Stability Guaranteed for Ramadan

Morocco’s national markets maintain sufficient stocks of essential consumer goods as continuous preparations advance to support the particular circumstances of Ramadan, Industry and Commerce Minister Ryad Mezzour told the parliament. His statement comes amid heightened scrutiny of supply chain resilience during the holy month’s characteristically elevated consumption period. Speaking at the Parliament question time on […]