The US Central Intelligence Agency (CIA) is secretly expanding its presence in the Sahara Desert to monitor Islamist groups operating in the region while using Libya as base, the New York Times reported. The US media noted in its story published Saturday that Washington had established partnerships, described as fruitful, with local partners in Libya. […]
Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for an economic recovery from the repercussions of the coronavirus. These cuts give banks more flexibility in financing enterprises during this crisis notably SMEs, he told local media. The government has […]
The eight countries of the West African CFA franc zone plan to issue 2.723 trillion CFA francs ($4.82 billion) in debt in 2019, Reuters reported. Member countries using the West African CFA franc – a currency pegged to the euro – include Ivory Coast, Senegal, Guinea-Bissau, Mali, Burkina Faso, Niger, Togo and Benin. They share […]
