hollande-m6-201115

Bank of Algeria has a new Governor

Benabderrahmane Aymane was appointed Governor of the Bank of Algeria, in replacement of Ammar Haiwani who was acting Central Bank Governor since April 2019. The announcement was made by the presidency in a statement. The Bank of Algeria recently made the headlines after issuing a note, ordering banks to require their customers to provide proof […]

AfDB loans Morocco €100 million in support of infrastructure projects

The African Development Bank (AfDB) approved a €100 million loan for the Municipal Equipment Fund (FEC) to finance new investment and public infrastructure projects in Morocco. These projects will help improve the quality of public services, especially in rural areas as well as spur revenue generating activities, according to an AfDB press release. “We are […]

ECOWAS Sets Committee at Heads of State Level to Study Impact of Morocco’s Membership

The 52nd summit of the Economic Community of West African States (ECOWAS) wrapped up with a political decision regarding Morocco’s membership providing for the setting up of a committee to further study the impact of the admission of the North African Kingdom in the economic bloc. The committee will be presided by the heads of […]