S&P Global Ratings maintains Morocco’s rating at BB+, says economic outlook remains stable

S&P Global Ratings maintained Morocco’s rating unchanged at BB+ for the second year, citing the country’s strong sovereign credit, and projected that Moroccan economy will expand by 1.4% this year, after bouncing back by 7.9% in 2021. Representing the country’s ability to meet its financial obligations, the S&P rating shows that Morocco’s creditworthiness is largely […]

Morocco Becomes Fully-fledged Member of the African Union with Landslide Majority Support

The majority of the member states attending the 28th African Union Summit in Addis Ababa have officially welcomed Morocco as a fully-fledged member in the African institutional family. Morocco was readmitted in the African Union following the broad consensus among an overwhelming majority of member states on the North African country’s application to join the […]

Morocco, Gateway for Japan’s Cooperation with Africa

Japan sees in Morocco a partner that can facilitate its cooperation efforts in Africa. An agreement was signed in this regards between the Japan International Cooperation Agency (JICA) and Morocco’s Equipment and Transport Ministry to develop human resources in the field of transport in African countries. Under the agreement, Japan and Morocco will cooperate through […]