Morocco Acquires Stakes in Development Bank of Central African States.

Morocco finalized an equity investment deal worth €10 billion with the Development Bank of Central African States, a move that further strengthens Morocco’s financial footprint on the continent. The deal was signed in Rabat this week by Morocco’s economy Minister Mohamed Boussaid and the vice president of the Development Bank of Central African States Zounguere […]

Morocco to introduce inflation targeting in 2027, keeps currency peg for now

Morocco’s central bank will begin implementing inflation targeting in January 2027, marking a major shift in its monetary policy framework, while maintaining its current exchange rate regime for the time being, Bank Al-Maghrib Governor Abdellatif Jouahri said. Speaking after the bank’s quarterly board meeting in Rabat Monday, Jouahri said the Moroccan economy is not yet […]

Mauritania 1-0 Algeria: Underdogs claim historic win as Algeria sent crashing out

Mauritania achieved a historic milestone by securing their first-ever victory at the Africa Cup of Nations, and to make it taste sweeter, it came against one of the continent’s traditional powerhouses, Algeria. Remarkably, this triumph propels Mauritania to the next round, while Algeria goes back home from the tournament without a win, marking this campaign […]