Japanese sumitomo

Fitch agency: Moroccan Banks Net Income Reaches Record Levels 2023

Moroccan banks’ profitability continued to recover strongly in 1st half of 2023, with aggregate net income reaching record levels, says Fitch rating agency, noting that the positive trend should continue in 2nd semester due to higher interest rates and loan book growth. The seven largest banks’ aggregate net income increased by 28% yoy in 1st […]

Morocco vs the covid-19

Morocco vs the covid-19

Africa mourns Pope Francis, celebrates his legacy — and eyes the future

As Africa mourns the death of Pope Francis, worshippers and leaders across the continent are reflecting on the profound legacy he leaves behind — and speculating about the future leadership of the Catholic Church. Pope Francis, who died Monday (21 April), is remembered for his unwavering advocacy for the poor, peace in conflict zones, and […]