Headlines Morocco

Morocco starts using coronavirus contact tracing app

Morocco launched an app that helps users detect covid-19 exposure and informs them when they get in contact with a positive case. The optional app was launched by the health and interior ministries in cooperation with other telecom agencies in the country to help monitor and avert the spread of the disease. The app, dubbed […]

Business Headlines Morocco

Morocco’s trade deficit drops by 1.9% at the end of April 2020

Morocco’s trade deficit has shrunk by 1.9% to almost 66.25 billion dirhams ($6.9 billion) in the first four months of the current year, according to the Exchange Office. Morocco witnessed a 19.7% drop in exports between January and April of this year, representing a loss of 20 billion DH ($2 billion), according to the Exchange […]

Headlines Maghreb Morocco

COVID-19: Morocco buys 2 million rapid test kits

Morocco has bought 2 million rapid test kits for 212 million dirhams (21.2 million dollars), the health ministry said. The test meets the technical criteria and matches Moroccan laboratories equipments which will cut additional costs, the ministry said. This comes as Morocco raised significantly its testing capacity to 10,000 daily with over 200,000 tests carried […]

Europe Finance Headlines International Morocco

Morocco supports EU Coronavirus Global Response with €3 million

Morocco, which is one of the 15 partner countries from outside the EU of the Coronavirus Global Response campaign launched by the European Commission, has expressed full support for this global action for universal access to affordable coronavirus vaccination, treatment and testing, and made a contribution of €3 million. President of the European Commission Ursula […]

Algeria Headlines Morocco

COVID-19: Morocco starts repatriating citizens stuck in Algeria

Morocco has started this Saturday the repatriation of some 300 Moroccans stranded in Algeria for over two months, following the outbreak of the coronavirus pandemic, local media reported.   A first plane of Moroccan carrier RAM took off from Houari Boumediene airport with 100 passengers on board, heading to Oujda. Two other flights, each carrying […]

Europe Finance Headlines International Morocco

COVID-19: EU contributes €157 million to Morocco’s special fund, pledges more grants by year’s end

The European Union transferred a grant of €157 million (MAD 1.7 billion) to Morocco on Monday, May 26, to help the country in its response to the COVID-19 pandemic and vowed more grants by the end of 2020 to total €300 million. The amount was injected into Morocco’s Special Fund for the Management and Response […]

Business Headlines Morocco

COVID-19: Moroccan cafes, restaurants to resume limited activity Friday

After industrial units were allowed to resume their activities on the morrow of Eid Al-Fitre, celebrated in Morocco last Sunday May 24, owners of cafes and restaurants are to resume their activities this Friday, May 29, but only for takeout and delivery, the ministry of Industry and Trade announced Thursday. The managers of cafes and […]

Africa Finance Headlines International Morocco

COVID-19: AfDB supports Morocco with €264Mln Financing

The African Development Bank (AfDB) approved on Wednesday in Abidjan a €264 million financing to Morocco, as part of its COVID-19 response support program (Parc-19). With a rapid deployment of resources, PARC-19 contributes to bolster the Kingdom’s response efforts to the health, economic and social crisis triggered by the Covid-19 epidemic, the AfDB said in […]

Headlines Maghreb Morocco

Morocco continues use of Chloroquine despite controversy

Morocco maintains its medical protocol based on chloroquine in the treatment of coronavirus affected patients, despite the concerns raised by the World Health Organization. While the WHO has decided to temporarily suspend clinical trials with hydroxychloroquine, Morocco maintains its use, reveals L’Economiste daily this Wednesday. Minister of Health, Khalid Aït Taleb, has confirmed that Morocco […]

Business Headlines Maghreb Morocco

COVID-19: Moroccan economic monitoring committee accelerates pace for recovery

The economic monitoring committee, set up since the outbreak of the COVID-19 pandemic in Morocco early March, is making every effort to resume economic activities and put economic recovery on the right track, after more than two months of confinement, which heavily impacted several sectors of the national economy. The committee members discussed at a […]