King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid, and Prince Moulay Ahmed, performed the Eid Al-Adha prayer on Wednesday, 10 Dhu’l-Hijja 1447 AH, corresponding to May 27, 2026, at ‘Ahl Fès’ Mosque in Rabat. In the sermon that followed the Eid prayer, the Imam emphasized the […]
The Central Bank of Libya has announced plans to inject $2.5 billion into the financial system starting April 1, 2026, to clear outstanding requests linked to letters of credit and personal foreign currency allocations. The intervention is expected to address a backlog of pending transactions while supporting commercial banks in meeting customer demand for foreign […]
The African Development Bank Group (AfDB) last weekend approved the recommendations of the Independent Review Mechanism (IRM) to bring a coal-fired power plant project in Senegal into compliance with Bank policies and procedures. The Sendou Coal Power Plant project in the West African nation was approved by the Boards of Director of the bank on […]
