Casablanca stock exchange nears historic record following benchmark rate cut

Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]

Algeria expels over 2000 sub-Saharans to Niger in inhumane conditions

Algeria continues its refoulement of Sub-Saharans abandoning over 2000 on August 1-12 on the borders with Niger in inhumane conditions, according to French radio RFI. The migrants were dumped in the desert in extreme heat about 15 kilometers away from Essamaka, where an IOM center is based. Aziz Chehou, coordinator of Alarm Phone Sahara (APS) […]

Existence of Street Children, an Insult to our Own Humanity, Says King Mohammed VI

King Mohammed VI has spoken out against the phenomenon of street children, which is sparing no city in Africa, pointing out that condoning such a phenomenon is an insult to our own humanity. “To accept – through denial, capitulation or indifference – that children be abandoned to the street amounts to condoning, on a daily […]