Morocco-rural-electrification

Morocco becomes observer member of Andean Community

Morocco has become an observer of the Andean Community of Nations, a free trade area mustering Bolivia, Colombia, Ecuador, and Peru. The Kingdom is the first Arab and African country to gain such a status, which enables it to enhance its presence in Latin America. The decision was made during the 20th meeting of the […]

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 […]

West African Military States introduce new biometric passport

Mali, Burkina Faso, and Niger, all governed by military juntas, are preparing to launch a new biometric passport as part of their exit from the regional bloc Ecowas. After a series of coups between 2020 and 2023, these countries formed the Alliance of Sahel States and announced their intention to leave Ecowas earlier this year. […]