2022 fifa cup

Commercial court fine deepens Maroc Telecom’s debt

Maroc Telecom reported a soaring debt to 23 billion dirhams, up 32.1% as a result of the compensation it was asked to pay to its competitor Inwi for violating fair competition rules. In July, a commercial court in Casablanca upheld a first instance verdict that found Maroc Telecom guilty of violating free competition rules and […]

Africa to have stronger voice in IMF, as WB warns African central banks against risky monetary initiatives

The International Monetary Fund (IMF) has announced that sub-Saharan Africa will be allocated a third seat on the global lender’s executive board, while the World Bank has warned the central banks in Nigeria, Ethiopia, and Uganda not to overplay their hand in getting involved in risky monetary initiatives. Sub-Saharan Africa will have a “stronger voice” […]

Panamanian FM expresses high esteem for royal message, reiterates Panama’s decision to suspend all recognition of pseudo-‘sadr’

Panamanian Foreign Minister Javier Eduardo Martinez-Acha Vasquez has expresses high esteem for the royal message that King Mohammed VI had addressed to President of Panama José Raul Mulino, after the Latin American country decided to suspend all recognition of the so-called “sadr”, a decision that opens a new page in bilateral relations. This came at […]