Phosphates: Morocco’s OCP sends Rwanda 15,000 tons of fertilizers

Morocco’s state-owned phosphate OCP Group has provided Rwanda 15,000 tons of Diammonium Phosphate (DAP) in a solidarity move to help farmers of this African country maintain productivity amid a serious global supply shortage, leading to record high fertilizer prices. The announcement of Moroccan donation was made over the weekend by Rwanda’s Minister of Agriculture Gerardine […]

Joe Biden watches Morocco vs. France game with Moroccan PM & other African leaders, praises keep pouring in for the Atlas Lions

US President Joe Biden, along several African leaders attending the US-Africa Leaders Summit held in Washington, have joined the head of the Moroccan government to watch the semifinal of the Qatar 2022 World Cup, opposing Morocco to France. The world leaders had taken some time off their deliberations for the US-Africa leaders’ summit to watch […]

Economy: Fitch affirms Morocco’s ‘BB+, stable outlook

Fitch Ratings has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook. Morocco’s ‘BB+’ ratings reflect sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable international liquidity buffers, explained the agency in a commentary published on its official website. Fitch indicated that Real GDP growth was stable […]