cia-website

World’s worst-performing currencies: Ghana’s cedi, as Nigeria’s naira, SA’s rand also struggle

Ghana’s cedi slumped over the last three days to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital into the West African country. The currency of the world’s second-biggest cocoa producer depreciated as much as 3.3%, which took its losses this year to more than 45%, the most among 148 […]

Automotive industry: US company Lear opens new plant in Meknes

The American group specializing in the manufacture of automobile seats and electrical and electronic systems has inaugurated a new factory in Meknes that adds to the 15 units the US group already operates in Morocco. The new site, which required an investment of $18.3 million (200 Million DH), was built on an area of 54,000 […]

Ivorian State distances from Gbagbo’s radiation on vote register

The administration of the Ivorian President Alassane Ouattara denied Wednesday any wrongdoing and connection with the decision by the Electoral commission to revoke former President Laurent Gbagbo from the September local elections vote register. The West African country is again gripped in political tension after the Commission decided to remove 500 people including Gbagbo from […]