Public Management

The U.S. sells over $1bln in arms to Morocco

The U.S. sells over $1bln in arms to Morocco
Tuesday, 15 December 2020 13:03

The US engaged in talks to sell more than $1 billion in arms to Morocco, a US media announced last week.

According to available information, the military equipment consist of four MQ-9B SeaGuardian drones manufactured by the private company General Atomics as well as Hellfire, Paveway, and JDAM precision-guided munitions manufactured by Lockheed Martin, Raytheon, and Boeing.

A note on the potential sales agreements was sent last Dec 11 to the U.S. Congress, which must review them before they can be finalized. This announcement coincides with recent diplomatic developments between Rabat and Washington.

On Thursday, December 10, U.S. President Donald Trump surprisingly decided to recognize Morocco's authority over Western Sahara when until then the global consensus on the conflicts between the two parties had been more in favor of the status quo. In return, Morocco decided to strengthen its diplomatic relations with Israel.

It should be noted that in recent years, arms sales and purchases between Washington and Rabat have been particularly dynamic. In late 2019, for example, the U.S. Department of Defense had approved the sale of military equipment for an amount of $ 1 billion to the Cherifian Kingdom.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Coris Holding confirmed its plan to enter Gabon’s banking market after expanding into Chad in 2024. BGFIBank Gabon granted 71.29% of new loans in the...
Driven by surging valuations and economic reforms, Nigeria’s capital market now accounts for 33% of GDP, with total capitalization up 125% in less than...
Africa’s startup debt is growing, but $1–$5M loans remain scarce—too big for grants and too small for big lenders to process. FMO–Dalberg...
Genesis acquires 10% stake in FBNBank Sénégal First WAEMU investor joins Nigerian-owned subsidiary Deal supports regional expansion, SME...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
03

Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...

Nigeria: Investigation on Chinese Owned Temu Regarding Privacy Breach Concerns for Local Users
04

The main point of contention between Niamey and France’s Orano concerns the uranium stock extracted ...

Niger-France uranium dispute: How 156 tonnes became 156,000 in global reporting
05

China’s initiative aims to address the imbalances that have long characterised bilateral trade relat...

China to scrap tariffs on imports from 53 African partners from May 1
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.