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Morocco’s economic growth to pick up in 2020 after 2.6% in 2019- Central Bank

Morocco’s economic growth is expected to fall to 2.6% in 2019 after lower rainfall affected crops, the central bank said, noting that growth would increase to 3.5% in 2020. The central bank, known as Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% while promising to carry out action to promote entrepreneurship. Holding […]

Morocco’s Higher religious council denounces hostile campaign against Islam

Morocco’s Higher council of Muslim Scholars strongly denounced any attempt at offending the sacredness of the Muslim religion, after a campaign was launched in France to publish cartoons attacking the Prophet, triggering resentment across the Muslim World. In a statement, the council said in no way can the freedom of speech justify offense. It stressed […]

Historic split rocks West African Economic Bloc as three nations exit

West Africa’s political landscape shifted dramatically Wednesday as Niger, Mali, and Burkina Faso officially walked away from ECOWAS, marking the first exodus in the bloc’s nearly 50-year history. The move sent shockwaves through a region already grappling with political instability and security challenges. ECOWAS, long considered West Africa’s premier political and economic powerhouse, now faces […]