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Namibia pulls down statue of German colonial “founder” of capital Windhoek
Namibian authorities have removed a controversial statue of German colonial officer Curt von Francois, who was seen as a symbol of colonial oppression, following pressure from local activists. The monument was erected in 1965 to mark the 75th anniversary of the founding of the city of Windhoek, now the capital, which was credited to von […]
Morocco reiterates its unwavering commitment to regional peace, calls for new regional order
Minister of Foreign Affairs, Nasser Bourita, reiterated Morocco’s unwavering commitment to regional peace, and called for establishing a new regional order, in which Israel is a stakeholder rather than an “outsider in its own region”. “Stay assured of Morocco’s unwavering and continuous commitment to doing what it takes to contribute genuinely to regional peace,” said […]
Impaired loans weigh on banks profitability in 2020
Moroccan banks’ impaired loans ratio surged to 8.6% to stand at a record 80 billion dirhams undermining Bank’s profits in 2020, the central bank said in its latest report. The rise of bad loans takes place at a context marked by the impact of the pandemic on economic activity in general and bank loans in […]



