Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]
LARC Morocco SAS, a subsidiary of Lithium Africa Resources Corp, will be exploring for lithium and gold in the Bir El Mami area, in the Dakhla Oued Eddahab region in the Sahara. A deal was signed in that regard with the Moroccan office for hydrocarbons and mines (ONHYM) as part of a strategy to promote […]
IOM, the UN Migration Agency, reports that 84,345 migrants and refugees entered Europe by sea in 2018 through 3 October, with 38,451 to Spain, the leading destination this year. The data show a drop in the region’s total arrivals compared with 139,677 arrivals across the region through the same period last year, and 312,153 at […]
