King Mohammed VI

Morocco’s central bank asks banks to freeze distributing dividends

Morocco’s Central Bank, known as Bank Al Maghrib, asked banks not to pay 2019 dividends to shareholders in order to boost their capacity to dealing with the coronavirus repercussions. This recommendation comes after a series of measures including boosting three-fold bank’s refinancing capacity and measures to make loans more accessible for households and companies, the […]

Chinese smartphones dominate African market as demand for 5G devices grows

The demand for Chinese 5G smartphones across Africa continues to rise, as more countries on the continent keep testing 5G networks and their citizens are upgrading from 4G smartphones to 5G-enabled ones. Despite the slow pace of 5G network infrastructure development in Africa, the enthusiasm among people across the continent to be part of the […]

Moroccan delegation attends COP29 in Baku

A Moroccan delegation, led by Head of government Aziz Akhannouch, is taking part in the 29th United Nations Framework Convention on Climate Change (COP29) in Azerbaijan. Upon arrival in Baku, the Moroccan delegation, which also includes Minister of Energy and Sustainable Development Leila Benali and Moroccan Ambassador to Azerbaijan Mohamed Adil Embarch, was welcomed by […]