The African Development Bank (AfDB) approved a €100 million loan for the Municipal Equipment Fund (FEC) to finance new investment and public infrastructure projects in Morocco. These projects will help improve the quality of public services, especially in rural areas as well as spur revenue generating activities, according to an AfDB press release. “We are […]
Morocco
Morocco’s Central Bank distinguished for anti-corruption measures
Morocco’s central bank, known as Bank Al-Maghrib, received ISO 37001 certification in recognition for its Anti-Corruption Management System. The bank has received this certification on its 60th anniversary following the audit conducted by Euro-Compliance in October 2019, Bank Al-Maghrib said in a press release. This certification will further strengthen Bank Al-Maghrib’s actions, in terms of […]
EBRD Opens 3rd Office in Morocco
The European Bank for Reconstruction and Development will open next Monday an office in Agadir, said on Thursday the Bank’s Vice-Pdt Alain Pilloux, who is currently on a working visit to Morocco. “I will inaugurate a new EBRD office in Agadir Dec.02, after having opened recently another one in Tangier”, said Mr. Alain Pilloux at […]
Spain Warns of risk of “imminent terror Attacks” against its Nationals in Tindouf Camps
Spanish Minister of Defense, Margarita Robles, stressed on Thursday that the risk of terror attacks against Spanish nationals in the Tindouf camps in Algeria is “imminent”. “This is a real threat confirmed by the foreign intelligence services operating in the region,” the Spanish minister said in an interview to the private radio station “Cadena Ser”, […]
US reaffirms support for Morocco’s Sahara plan ahead of Pompeo’s visit
The US reiterated its support for Morocco’s Sahara autonomy initiative one week ahead of a planned visit to Morocco by Secretary of State Mike Pompeo. “The Sahara issue is a priority for Moroccans and we are engaged together with the UN to advance a political solution,” a senior US official said. “Our position remains steady,” […]
Morocco removed over 96,000 landmines since 1975
Morocco has removed and destroyed 96,272 landmines since the launch of a demining process in 1975. These included 49,325 anti-personnel mines and 20,543 bomb remnants, Morocco’s Ambassador to Norway Lamia Radi said. The Ambassador made the statement while speaking at the Fourth Review Conference of the States Parties to the Convention on the Prohibition of […]
Workshop in Rabat on LIBOR Reform & Morocco’s New Money Market Benchmark
Morocco’s Central Bank, Bank Al-Maghrib, and the European Bank for Reconstruction and Development organized on Wednesday in Rabat a workshop on London Inter-bank Offered Rate (LIBOR) reform and the new money market benchmark in the North African country. Participants in the workshop discussed the implications of changes in the benchmark indexes used on the international […]
Russia eager to deepen political dialogue with Morocco on Sahara issue settlement
Russia has reaffirmed Tuesday its willingness to deepen political dialogue with Morocco on the settlement of the Sahara issue. This came in a phone conversation Russian Foreign Minister Sergei Lavrov had with his Moroccan peer Nasser Bourita. The two men discussed ways to bolster bilateral relations and the upcoming Joint Intergovernmental Commission to be convened […]
Cuban Cinema, Guest of Honour at Dakhla International Film Festival
The eighth International Film Festival of Dakhla (Southern Morocco), held under the High Patronage of King Mohammed VI this November 24-29 with the attendance of several international celebrities, artists, filmmakers and personalities, is celebrating Cuban cinema as guest of honor. The celebration of the Cuban cinema at the Dakhla festival is part of the efforts […]
US Secretary of State Mike Pompeo visits Morocco early December
US Secretary of State Mike Pompeo announced Tuesday in Washington that he will pay a visit to Morocco early December. Mike Pompeo who made the announcement at a news briefing at the State Department described Morocco as “one of the strongest partners” of the United States in the region. “I’m looking forward to reviewing our […]









