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Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2
Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]
Three Malagasy companies to launch maritime company connecting Antananarivo to Marseille
Cooperative Energetique ENERCOOP, Enterprise Zephyr & Boree and ARCADIE will launch in 2025 a maritime company that will connect the country to the French city of Marseille in view of boosting trade, Actu Orange reports. The three partners have launched Windcoop Cargo, a joint venture, expected to begin operation in 2025. The route will be […]
Launch of Arab Common Electricity Market
The 15th session of the Arab Ministerial Council for Electricity held in Cairo highlighted by the formal launch of the Arab Common Electricity Market. The event was attended by electricity ministers and representatives from various Arab nations. Assistant Secretary-General for the Economic Sector, Ali Al-Maliki, delivering remarks on behalf of the Arab League, hailed the […]



