African Lion 2021

Sudan war raises ethnic cleansing fears in Darfur

The Sudanese civil war pitting the army against the Rapid Support Force RSF is threatening to reproduce ethnical cleansing in Darfur and spill over to neighboring Chad. Both warring factions have tried to recruit among local African and Arab tribes in an area where the wounds of the past genocide have not yet healed, according […]

Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2

Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]

WB President welcomes Morocco’s strategy to mitigate health crisis effects

The President of the World Bank Group (WB) David Malpass has welcomed Morocco’s proactive and anticipatory strategy to mitigate the effects of the health crisis. During a meeting held via videoconference with Minister of Economy & Finance Mohamed Benchaaboun, on the sidelines of the IMF/WB spring meetings, Malpass highlighted the readiness of the Bank to […]