Point de presse conjoint tenu par M. Nasser Bourita et son homologue espagnol M. Josep Borrell _SK

Moroccan banks post record profits as market confidence returns

Morocco’s listed banks have entered a virtuous cycle, recording 91.6 billion dirhams in net banking income for 2024, up 12.8 percent year-on-year, significantly exceeding five-year averages and signaling robust sector recovery. Attijari Global Research’s latest report reveals comprehensive performance improvements across all revenue streams. Interest margins grew 6.3 percent driven by credit volume recovery, particularly […]

Sudan Rival Forces Trade Blame Over Deadly Cross-Border Drone Strike in Chad

Sudan’s rival factions, the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF), have accused each other of responsibility for a deadly drone strike that killed 17 civilians in Chad on Wednesday, March 19. The Chadian government confirmed the attack occurred in the border town of Al-Tina and said the drone originated from Sudanese […]

Burkinabe junta leader prioritizes security over elections, plans constitutional changes

Burkina Faso’s junta leader Captain Ibrahim Traore, who came to power in a 2022 coup, has said that elections in the country are “not a priority” compared to “security,” despite the military leadership’s earlier pledges to return to democracy with presidential elections by July 2024. “It’s not a priority, I’ll tell you that clearly, it’s […]