The European Investment Bank has pledged to lend Morocco €1 billion over the next three years to support the country’s efforts to rebuild the public infrastructures affected by the powerful & deadly earthquake that hit Al Haouz region on Sept.08, 2023. The first tranche of the loan (€ 500 million) was signed lately in Rabat […]
President Akufo-Addo of Ghana has been elected as the new Chairman of the Economic Community of West African States (ECOWAS) at the grouping’s 57th Summit that took place Monday in Niamey, capital of Niger. The Ghanaian President, who takes over from President Mahamadou Issoufou of Niger, underlined in his acceptance speech the challenges confronting West […]
Few weeks after the launch of the gradual Dirham float, The International Monetary Fund has advised Morocco to maintain the current reform pace with a view to strengthening the economy’s competitiveness. “Unlike other emerging economies, Morocco didn’t loosen currency restrictions under pressure, so authorities can take their time with future steps,” Nicolas Blancher, the IMF’s […]
