Morocco’s central bank has bought $471 million of excess foreign currency from the local market to absorb excess and ensure the good functioning of the market. The central bank said in a statement that it will maintain hard currency auctions as long as necessary depending on the evolution of the foreign exchange market. In recent […]
The heads of state of the member countries of the Economic Community of West African States (ECOWAS) have decided to lift some of the sanctions imposed on Niger following last year’s military coup, announced the president of the regional organization’s Commission, Omar Alieu Touray, from Abuja on Saturday. ECOWAS “has decided to lift with immediate […]
Moroccan telecom operator INWI said on Dec 16 it has landed the MEDUSA submarine cable in Nador, a move aimed at strengthening the country’s international connectivity and its position as a regional digital hub. The cable, developed by AFR-IX telecom, spans more than 8,700 km and is set to become the Mediterranean’s largest connectivity system, […]
