Timber smuggling, estimated to be worth $23 million a year, from Mozambique’s ancient forests to China is helping to fund the country’s Islamic-State linked militants operating in its northernmost province of Cabo Delgado, according to a new report by Environmental Investigation Agency (EIA), A multi-year investigation by the NGO, which campaigns against alleged environmental crime, […]
Tag: Financial Action Task Force
EBRD Forecasts 3.1 % Growth in Morocco in 2023
Economic growth in Morocco is expected to pick up to 3.1 per cent in 2023, announced on Tuesday by the European Bank for Reconstruction and Development (EBRD). In its latest Regional Economic Prospects (REP) report, the Bank’s analysts explained the projected Moroccan economic growth by the anticipated agricultural recovery, moderate inflation and the country’s removal […]
Morocco officially exits Financial Action Task Force gray list
The Financial Action Task Force (FATF) has decided, unanimously by its members, to remove Morocco from the gray list, during the FATF General Assembly, held in Paris on February 20-24, 2023, the Department of the Head of Government announced Friday. “The Financial Action Task Force (FATF) decided, unanimously by its members, to remove the Kingdom […]


