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Morocco expects to leave FATF grey list in 2023
Morocco is poised to leave the grey list of the Financial Action Task Force (FATF), a move that will facilitate Morocco’s access to international debt market and improve its sovereign rating, central bank governor said. The bank hiked its benchmark interest rate by 50 basis points to 2.5% as it expects inflation to surge to […]
Four Moroccan truck drivers go missing on Burkina Faso-Niger border
Four Moroccan drivers and three trucks went missing on the border between Dori in Burkina Faso and Tera in Niger, well-informed sources said. The drivers on board the three trucks left Dori towards Tera unprotected and unescorted despite the risk of terrorist activity in the area, the sources said. On January 11, 18 Burkinabe soldiers […]
Algeria’s political crisis bodes ill for economy
The power grab by the military after the departure of long-ruling Abdelaziz Bouteflika has aborted hopes for a transition to a civilian government, hijacking Algerians’ ambitions to a democratic state and compromising prospects for economic development amid worrisome economic indicators. Army, a kingmaker The army’s pull back from politics during the era of Bouteflika after […]



