Morocco’s central bank has prepared a draft law that would set up a secondary market in which non-performing loans, currently at 9.8 billion dollars, can be sold, in a move that will boost banks’ liquidity. The news was announced by director general of the central bank, Bank Al Maghrib, Abderrahim Bouazza, who said non-performing loans […]
The investments co-developed by Morocco and China as part of the One Belt One Road (OBOR) initiative coupled with the North African Kingdom’s investments in logistics and infra-structure stand as a model to follow for the rest of Africa, stated Kenyan website, the Business Daily. In an article titled “Lessons from Morocco in China-backed mega […]
The UN Security Council is expected to hold a session on Libya this Monday, with the appointment of a new head of UN Support Mission in Libya (UNSMIL) on top of the agenda, Libya Update reports. UN Secretary-General Antonio Guterres last week presented to the members of the Council the new candidate, Abdullah Bitali, to […]
