NEXANS Maroc

Central Bank cuts interest rate to boost economic activity amid drought, coronavirus fears

The Central Bank cut its benchmark interest rate to 2% to boost economic activity, which, like elsewhere in the world, is expected to reel under the impact of the coronavirus outbreak. Drought has complicated the outlook for Morocco, which expected a contraction of agricultural output plunging growth to 2.3%, according to the central bank. The […]

Ghana to introduce financing scheme for Made in Ghana cars

The government of Ghana has announced that it is working with authorized automobile dealers and distributors as well as leading financial institutions to introduce a comprehensive financing scheme to enable Ghanaians to buy ‘Made in Ghana’ vehicles. According to Alan Kyeremanten, the Minister of Trade and Industry, the government has entered into negotiations with global […]

King Mohammed VI hosts tea party in honor of Prince Harry & Princess Meghan

King Mohammed VI received on Monday at the Royal Residence in Salé the Duke and Duchess of Sussex, Prince Harry and his wife Meghan Markle, and hosted a tea party in their honor. King Mohammed VI was accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid and Princesses Lalla Meryem and Lalla Hasnaa. During […]