african-capacity

Moroccan Jewish community celebrates Rabbi Eliezer Davila’s Hiloula

Several hundred members of the Moroccan Jewish community gathered last week at the Israelite cemetery in Rabat, to celebrate the Hiloula of Rabbi Eliezer Davila. This annual religious meeting celebrates the venerated Saint Rabbi Eliezer Davila, who was born in 1714 in salé, Rabat’s twin city, and who died in 1761. He was buried in […]

Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2

Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]

France’s commitment to contribute to socio-economic development of Moroccan Sahara renewed by Ambassador Lecourtier

France is committed to contributing to the socio-economic development of the Dakhla-Oued Eddahab region, as part of the multifaceted cooperation between France and Morocco, Ambassador Christophe Lecourtier said Tuesday in Dakhla. “We are working to embody France’s concrete willingness” to contribute, alongside Morocco, to enshrining the economic and social development of the southern provinces, Lecourtier […]