AfDB

Morocco’s central bank keeps key borrowing rate unchanged at 3%, sees growth at 3.2% in 2024

Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]

Morocco: Tanger-Med’s success story highlighted at WB-IMF Annual Meetings

The success story of Tanger Med, considered today as the first port infrastructure in the Mediterranean and Africa, was highlighted at the annual meetings of the World Bank and the International Monetary Fund held in Washington. Speaking at a panel focused on the “contribution of trade in the post-Covid recovery”, Director General of the Tanger-Med […]

Sahara/G20 Summit: Algiers & Pretoria fail to gain support for separatist cause

The Algerian and South African regimes have suffered a major diplomatic setback at the G20 summit, held lately in Johannesburg, after failing to add the Sahara conflict in the final Declaration issued by the summiteers. All their persistent maneuvers to include wordings making reference to the Sahara issue have failed as the whole world has […]