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Morocco to introduce inflation targeting in 2027, keeps currency peg for now

Morocco’s central bank will begin implementing inflation targeting in January 2027, marking a major shift in its monetary policy framework, while maintaining its current exchange rate regime for the time being, Bank Al-Maghrib Governor Abdellatif Jouahri said. Speaking after the bank’s quarterly board meeting in Rabat Monday, Jouahri said the Moroccan economy is not yet […]

Four Benin political parties bag state funding worth $2.5m

Four political parties in Benin pocketed Monday close to $2.5 million in form of state funding for political movements having representatives in the legislature or local governments. Bloc Republicain (BR), Union Progessiste Le Renouveau (UPR), Force Cauris pour le Benin Emergent (FCBE) and Les Democrates (LD) received the fund from the Chairman of National Autonomous […]

Morocco voices readiness to support guinea in sustainable & inclusive growth

Morocco has offered to support the Republic of Guinea in sustainable and inclusive socioeconomic development within the frame of solidarity- based South-South cooperation spearheaded by King Mohammed VI. The offer was made by Head of Govt. Aziz Akhannouch during talks he held Thursday in Rabat with Guinea’s Prime Minister Mamadou Oury Bah in presence of […]