The Central bank said it will intervene to ensure there is enough cash for banks through increasing three-fold their refinancing capacity in dirham and hard currency. The move comes as a lifeline for Moroccan banks to offset the financial repercussions of coronavirus and help them offer loans for enterprises and households, the central bank said […]
The Court of Appeal of Abidjan has confirmed a previous condemnation to life imprisonment ruled in July 2021 against former Prime Minister and Speaker of Parliament Guillaume Soro on charges of plot and attempt to remove the administration of President Alassan Ouattara. The court, however, acquitted two of 11 other defendants and dissolved Générations et […]
King Mohammed VI underscored the need to address the water challenge by speeding up desalination projects that are powered by renewable energies. In a speech on the 25th anniversary of his accession to the throne, the King underscored the pressing need to take “urgent, innovative steps in order to avoid water shortages,” following six years […]
