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Morocco’s Central Bank keeps key rate unchanged at 3 % & expects 2.1 % Growth in 2024
Morocco’s central bank has decided to maintain the current key rate at 3 percent and expects the country’s economic growth to be limited to 2.1 percent in 2024, before rebounding to 4.3 pc in 2025. During its first meeting of 2024 held Tuesday in Rabat, the Board of Bank Al Maghrib said the key rate […]
International NGO decries Algeria for abandoning thousands of migrants in desert
International NGO “Doctors without Borders” denounced on Friday Algeria’s continuing expulsion of thousands of migrants who are abandoned in the desert of northern Niger without access to shelter, healthcare, protection, or basic necessities. Between 11 January and 3 March 2023, 4,677 migrants arrived into Assamaka – a town in northern Niger’s Agadez region – on […]
Algeria braces for another car industry fiasco
Algeria wants to develop a car industry but it wants it fast and without meeting the pre-requisite: a competitive industrial cluster or ecosystem of local part suppliers. In 2019, after his election, Algerian President Tebboune had criticized car industry professionals in his country accusing them of practicing “disguised imports” due to the very low sourcing […]


