corona stay at home

Moroccan banks report record profit in 2024

Moroccan banking activity improved in 2024 with major banks reporting record profits totaling $2.3 billion, a 21.3% increase compared with the previous year. The net profit attributable to shareholders rose by nearly 20% to 19.2 billion dirhams ($2 bln). The growth was spurred by the recovery in banking activity, cost reduction, and contained risk cost. […]

Tunisia, US mull plans to upgrade cooperation in military sector, counterterrorism

Tunisia and the US Wednesday pondered over ways to increase their military cooperation as President Kais Saied met with Stefen Townsend, commander of the United States Africa Command (AFRICOM). In his discussions with President Saied, Townsend focused on US partnership with Tunisia, as well as shared concerns over regional stability and the desire to degrade […]

Fifteen COMESA countries establish road development funds

Fifteen out of 21 countries in the Common market for Eastern and Southern Africa, (COMESA) have established dedicated Road Funds and Road Development Agencies to undertake maintenance, and development of roads for both the regional and national road networks, COMESA said on its website.   The announcement was made on the sidelines of the 11th […]