bongo

French Agency plans €150 million-investments in Morocco’s southern provinces

The French Development Agency (AFD) group is planning significant investments worth around €150 million in Morocco’s southern provinces, announced the Agency’s CEO, Rémy Rioux. Rioux, who is on a working visit to Morocco at the head of a high-level delegation, said at a press briefing, in Laayoune on Saturday, that “the AFD Group will now […]

Moroccan central bank urges caution in dealing with CBDCs

Morocco’s central bank governor Abdellatif Jouahri advocated a cautious approach in adopting central bank digital currencies (CBDCs), recalling that the bank set up a working group to look at the matter in 2021. Speaking to a conference attended by IMF chief Kristina Georgieva, Jouahri underscored the urgent character of examining CBDCs which have a role […]

Bamako-Tuareg war marks erosion of Algeria’s role in Sahel

Malian forces have taken Kidal the stronghold of Tuareg rebels marking the end of a deal brokered by Algiers in 2015 and the erosion of Algeria’s diplomacy in its Sahel neighborhood. More than a week after Bamako soldiers, backed by Russian Wagner mercenaries, took the strategic town, Algeria’s resounding silence reflects the country’s fading role […]