Moroccan banks’ impaired loans ratio surged to 8.6% to stand at a record 80 billion dirhams undermining Bank’s profits in 2020, the central bank said in its latest report. The rise of bad loans takes place at a context marked by the impact of the pandemic on economic activity in general and bank loans in […]
The cholera epidemic is spreading rapidly in Algeria where more and more people are falling sick, hospitalized or dying from this highly contagious disease, according to local press reports. North African countries are deeply concerned about the situation, fearing contamination, as Algerian authorities were slow to react to the plague, failed to spot the early […]
Morocco jumped five places, improving its ranking in the 2022 global peace index into the 74th position. In the MENA region, Morocco came sixth, preceded only by Qatar, Kuwait, Jordan, the UAE and Oman in the ranking that measures security conditions in 163 countries. In Africa, Morocco came seventh outperformed by Ghana, Botswana, Zambia, Malawi, […]
