King Mohammed VI of Morocco & President Buhari of Nigeria

Kenya calls on Africa to use PAPSS to ditch US dollar in trade deals

Kenya’s President William Ruto has called on African leaders to take first steps towards ditching the US dollar as the world’s reserve currency by adopting a pan-African payments system to facilitate trade within the continent. Ruto has urged his African counterparts to mobilize central and commercial banks to join the Pan-African Payments and Settlement System […]

Government to cut non-essential spending due to Covid-19

The Moroccan government has asked all ministerial departments to prepare a list of spending cuts that will target non-essential activities in first austerity measures to deal with the economic impact of the novel coronavirus. The disruptions in the national economy due to Coronavirus notably the suspension of tourism activity, fewer remittances of Moroccan expatriates, and […]

Marrakech airport security arrest Brazilian couple over cocaine smuggling

Police at the Marrakesh-Menara International Airport arrested on Sunday a Brazilian couple aged 26 and 29, for trying to smuggle in 1 kg and 260 g of cocaine inside their stomach. The extracted hard drug was packed inside 100 capsules, swallowed by the Brazlian couple. The suspects were apprehended upon arrival aboard a flight from […]