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Burkina Faso strips off French company Meridian of new Ouagadougou international airport contract
Burkina Faso authorities have cancelled a concession deal with French company Meridian AM to design, build, finance, operate and maintain a new International airport in capital Ouagadougou, over several reasons including the taxation regime and duration of the concession (30 years) believed to be exaggerated. The regime of former and ousted leader Rock March Christian […]
UK Appoints Simon Martin New Ambassador to Morocco
The United Kingdom has named Simon Martin new ambassador to Morocco in replacement of Thomas Reilly. The new envoy is to take office in September 2020, says the Foreign Office. Prior to his new diplomatic assignment in Morocco, Simon Martin served as Ambassador to Manama from 2015 to 2019. He worked at Clarence House […]
Morocco’s central bank maintains key rate at 2.75%
Morocco’s central bank maintained its benchmark rate at 2.75% amid decreasing inflation. The bank said inflation would decrease to 1.3% this year as a result of falling food prices, the main driver for inflation in the country. Inflation would increase slightly to 2.2% in 2025 as the government negotiates a new wave of price hikes […]



