BMCE Bnak of Africa in shangai

Crack widens in Tunisia-US relations

The rift is growing between Tunisia and one of its main donors, the United States, as President Kais Saied continues his power grab leaning on authoritarian Algeria. US Defense Secretary Lloyd Austin said Tunisia’s “dream of self-government” was in danger. His comment added to previous US criticism in the wake of the adoption of a […]

OCP Group, Jet Energy announce a mega project of four photovoltaic plants in Morocco

The world’s leading producer of phosphate fertilizers, OCP Group, has announced the launch of the construction of four photovoltaic plants in the mining cities of Benguerir and Khouribga in Morocco. This large-scale project, with a total capacity exceeding 200 megawatts (MW), represents a crucial step in OCP’s sustainable development strategy, and translates its growing commitment […]

Morocco’s central bank kicks off instant inter-bank payments

Clients of Moroccan banks can now enjoy instant transfers in real time and for free over the next three months, Morocco’s central bank said in a statement. The time-span for transfers between clients of Moroccan banks would now take no more than 20 seconds provided it is capped at 20,000 dirhams, it said. The initiative […]