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Moroccan Banks: Profits hit MAD 3.4 billion in 2019 first quarter
At the end of the first quarter of 2019, Morocco’s banking sector posted a 6% increase in profits compared to last year, with 3.4 billion dirhams (MAP). The first three months of the year 2019 were favorable for the banking sector, states local daily, l’Economist, in its Monday issue. Overall income of the banking sector […]
Algeria: Police breaks TV workers’ sit-in, arrests 18
Algerian police forces broke Wednesday a sit-in of workers of the banned El Watan El Djazairia TV and arrested 18 protestors, reports said. A total of 18 participants in the sit-in have been arrested while they were protesting the closure of El Watan El Djazairia TV, one of Algiers’ private TV stations. “Police forces raided […]
Maroc Telecom Invested €6 bln in Africa over Last Decade
Maroc Telecom, Morocco’s largest telecom operator, said that it invested €6 billion over the last decade in modernizing telecommunication infrastructure in the African continent. Speaking to the press following talks with Côte d’Ivoire’s president in Abidjan earlier this week, head of Maroc Telecom management board, Abdesslam Ahizoune, said that the company is planning to expand […]



