Central African Republic (CAR) Trade and Industry minister, Lea Mboua Doumta has indicated that the African country is keen to house a BRIC’s New Development Bank, after it agreed to establish the BRICS’ regional representative office in capital Bangui. “We have earlier agreed to establish the BRICS’ regional representative office in Bangui, and it will […]
Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%. African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said. Bank of Africa, previously known as […]
Morocco’s stockpiles of diesel and cooking gas dropped to 26 days only, far below the 60 days required by law, energy minister Leila Benali said. Speaking to members of Parliament, energy minister Benali pointed to the difficult context marked by the impact of the war in Ukraine on commodities prices, including oil. Morocco consumed 11.2 […]
