Grand Renaissance dam

Côte d’Ivoire ex-leader Henri Konan Bédié dies at 89

Henri Konan Bedie, former Ivorian President, passed away Tuesday August 1 at the age of 89, after being admitted in a local clinic of the economic capital Abidjan. “The Ivory Coast Democratic Party-African Democratic Rally (PDCI-RDA) is deeply saddened” to announce the “sudden death” of Bedie in hospital in Abidjan Tuesday,” his party in the […]

French President Expresses Support for Morocco’s African Policy

French President Emmanuel Macron said that his country supports Morocco’s development efforts in Africa, where the two countries work side-by side to meet challenges relating notably to addressing climate change effects. The French president said in a message, read on his behalf at the opening of the 10th edition of the World Policy Conference (WPC), […]

Morocco could tap into IMF credit line if oil prices soar

Morocco may activate its $4.5 billion IMF Flexible Credit Line (FCL) if global oil prices surge beyond $120 per barrel, Morocco’s central bank governor Abdellatif Jouahri said, highlighting that the country maintains powerful liquidity backstops and solid macro-economic fundamentals in the face of rising geopolitical uncertainty. Speaking at a press conference in Rabat following the […]