Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]
The momentum of the economic crisis in Central Africa has changed in 2019, raising flags of the International Monetary Fund (IMF). The Washington based lender last week completed discussions with the Central African Economic and Monetary Community (CEMAC). The talks focused on common policies in support of the reform programs of CEMAC member countries. In […]
The International Organization for Migration (IOM) reported on Wednesday that a rubber boat carrying 49 migrants and refugees capsized off the coast of Libya, leaving 42 people presumed dead. The vessel, which departed from Zuwara on November 3, encountered high waves six hours into its journey, causing engine failure and overturning the boat. Libyan authorities […]
