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Maroc Telecom gets €370 Mln funding from IFC to support operations in Chad, Mali
The International Finance Corporation has agreed to provide Maroc Telecom two loans totaling €370 million to enable the Moroccan telecom group support its subsidiaries in Chad and Mali. The IFC funding will help to enhance mobile connectivity and improve the quality of mobile internet. It will also support the rollout of 4G services, bringing faster, […]
Morocco: Central Bank raises rates to 2.5 % & expects growth to reach 3pc in 2023
Morocco’s central bank has decided to raise its key rate by 50 basis points to 2.5pc due to inflation upward trends and external pressures that spread to non-tradable goods and services and to the implementation of the subsidy system reform starting 2024. During last quarterly meeting held Tuesday in Rabat, the Board of Bank Al-Maghrib […]
Algeria’s Tebboune draws mockery after mishandling figures at the UN
Notorious for inflating figures, Algeria’s president Tebboune draw mockery to himself and to his military masters when he conflated figures in front of the international community. During his speech at the UN General Assembly, most seats were empty showing once more Algeria’s standing among the nations. He once again doubled down on his mistakes saying […]



