Morocco commemorates 70 years of independence, a saga of unity and resilience

Morocco commemorates this November 18 it’s its 70th Independence Day, marking not merely the date King Mohammed V ascended the throne in 1927, but celebrating a complex national journey forged through decades of resistance against colonial rule and a long national struggle to defend the unity, sovereignty, and core values of the country, thanks to […]

Morocco, Nigeria expand cooperation to renewables

After concrete phosphates and gas cooperation projects, Morocco is helping Nigeria develop electricity production from renewable energy with a solar power project spanning over 200,000 hectares of land in the state of Jigawa. “The power solar energy is an initiative of Moroccan government, in collaboration with the Federal Government and Jigawa State government specifically to […]

Egypt’s Central Bank Cuts Key Interest Rates by One Percentage Point

The Central Bank of Egypt (CBE), on Thursday, 25 December, announced a 100-basis-point reduction in its key interest rates, marking its fifth rate cut this year as policymakers respond to easing inflationary pressures. In a statement, the CBE said its Monetary Policy Committee lowered the deposit rate to 20 percent, the lending rate to 21 […]