palermo conference

Fitch: Moroccan Banks show resilience despite Macro-economic challenges

Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]

ANC delegation calls for strengthening economic, trade relations between Morocco & South Africa

A visiting South African delegation, led by Deputy Chairperson of the International Relations Committee at the African National Congress (ANC), Obed Bapela, has called for strengthening economic and trade relations with Morocco. The call was launched after a meeting in Rabat on Monday between the ANC delegation and Moroccan Foreign Minister Nasser Bourita. In a […]

Africa to break neocolonialist shackles of WB-IMF to leverage AfCFTA — Nigeria’s ex-president

African nations must flee from the subtle recolonization tactics being pursued through the “honeyed policy shackles” of the International Monetary Fund, World Bank and the United Nations dogma, according to Nigeria’s former president, Olusegun Obasanjo. Yet, he has also attributed the continent’s rising poverty and underdevelopment to poor leadership, bad governance, and massive corruption by […]