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Morocco’s central bank asks banks to freeze distributing dividends

Morocco’s Central Bank, known as Bank Al Maghrib, asked banks not to pay 2019 dividends to shareholders in order to boost their capacity to dealing with the coronavirus repercussions. This recommendation comes after a series of measures including boosting three-fold bank’s refinancing capacity and measures to make loans more accessible for households and companies, the […]

Attacking Morocco will not restore European Parliament’s credibility

The European Parliament has exposed itself as a corrupt institution full of hypocrites’ intent on outsourcing the blame to clean themselves even at the cost of undermining what used to be a privileged partnership with Morocco. The anti-Morocco resolution- adopted last month and wrongly sugarcoated in press freedom and human rights concerns- is but the […]

Africa: Emmanuel Macron calls for a “New Deal”

Three weeks before the summit on the financing of sub-Saharan African economies that will take place on May 18 in Paris, French President Emmanuel Macron has called for a “New Deal” for Africa. How to react to a “very strong slowdown” of African economies caused by the Covid-19 crisis? Yesterday’s recipes are ineffective, said Emmanuel […]