Throne day 2019

Morocco’s Bank of Africa reports $260 mln profit in 2023

Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%.   African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said.   Bank of Africa, previously known as […]

Defense: Morocco, France conduct military air exercise to reinforce interoperability

The Royal Air armed forces and French Air Forces have conducted lately a joint exercise to reinforce tactical proficiency, coordination and interoperability amid recent geopolitical tensions. Dubbed “Marathon25”, the exercise saw the participation of Moroccan F-16 fighter jets and Puma helicopters for transport and medical evacuation missions, while France contributed five Rafale B jets from […]

COP29: Africa outraged by ‘insufficient’ $300bn climate change deal

African and other developing nations have rejected as “insufficient” a $300 billion deal on climate finance that was agreed by negotiators at the United Nations’s COP29 climate talks in Baku, Azerbaijan, to help developing nations adapt to climate change. Richer nations agreed to pay at least $300 billion annually until 2035 to help developing countries […]