Ivorian Laurent Gbagbo

Morocco’s Central Bank lowers key rate to 2.5 %; expects growth to rebound to 3.9 in 2025 & 2026

Morocco’s Central Bank has decided to reduce key rate by 25 basis points to 2.50 percent as inflation continues to evolve at low levels and is expected to end the year with an average of 1% compared to 6.1% in 2023. The decision was made by the Board of the Bank during its latest quarterly […]

Moroccan companies bid to build Casablanca’s desalination plant

Morocco’s water department plans to announce the company that would build Casablanca’s desalination plant by year’s end, water and equipment minister Nizar Baraka said, adding that the competing companies include Moroccan ones. Consecutive droughts emptied many Moroccan dams pushing the government to invest in desalination to free dam water for inner regions. By 2030, Morocco […]

Morocco’s Raja, Egypt’s Al Ismaily seek spot against Saudi Al-Ittihad in Mohammed VI Cup final

Morocco’s Raja Casablanca and Egypt’s al Ismaily are locking horns this Monday in the kingdom to book a place in the final of the Mohammed V Cup. Raja will try to overcome 0-1 deficit registered during its away match in Egypt early last year. Both teams are returning to action after 11-month hiatus because of […]