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Tanzania central bank to sell dollars to commercial bank amid liquidity crisis
Tanzania’s central bank will begin selling US dollars to commercial banks to boost liquidity amid high demand for foreign currencies. “The initiative aims to ensure adequate foreign currency liquidity in the market. In addition, it intends to ensure customers’ demands for foreign currency are met through licensed financial institutions at the prevailing market prices,” the […]
UN Secretary General Warns Polisario of Hindering Traffic Flow on Moroccan-Mauritanian Border
The UN Secretary General, Antonio Guterres, has warned the Polisario of obstructing commercial traffic flow between Morocco and Mauritania, after the Algerian-sponsored separatist group deployed militiamen in an area that is supposed to remain demilitarized under the UN brokered 1991 ceasefire agreement. “Regular civilian and commercial traffic should not be obstructed and no action should […]
Morocco launches rehabilitation program for flood-affected areas
The Moroccan government has launched a $258,69 million rehabilitation program for areas in the southeast of the Kingdom severely impacted by recent floods. The initiative, launched in implementation of the instructions of King Mohammed VI, is meant to address the impact of the unprecedented rainfall that has resulted in significant human losses and extensive damage […]



