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Half World’s 10 least performing currencies are African

Half of the ten least performing currencies in the World are African, said a Bloomberg report, highlighting the risk facing some of the continent’s devalued currencies due to lack of dollar liquidity. Zambian kwacha, the Angolan kwanza, and the Nigerian naira are in the top 3 most fragile African currencies, according to the report. Zambia’s […]

Morocco to host headquarters of Permanent Secretariat of Union of African Economic and Social Councils

Morocco will host the headquarters of the Permanent secretariat of the Union of African Economic and Social Councils and Similar Institutions (UCESA). The headquarters agreement for the establishment of the UCESA Permanent Secretariat in Morocco was signed Wednesday in Rabat by Foreign Minister Nasser Bourita and President of the UCESA Ahmed Reda Chami. This agreement […]

German WIKA Group Opens Branch in Morocco

The WIKA Group, a global leader in pressure and temperature measurement, has opened a new subsidiary in Casablanca, Morocco, to support its existing customers across the Maghreb region. “The opening of the subsidiary in Morocco marks an important milestone in our regional growth strategy,” says Marcel Frei, Senior Vice President South Europe at WIKA. “Our […]