Banking deposits in Morocco have experienced consistent growth over the past decade, reaching 1.271 trillion dirhams ($120 billion) in 2024 compared to 740 billion dirhams in 2014, representing a remarkable 72% increase. Bank Al-Maghrib monetary statistics confirm this robust upward trajectory, with deposits surpassing the one trillion-dirham milestone in 2020. The growth pattern demonstrates strong […]
Morocco’s household consumption patterns reveal stark regional disparities, with five regions accounting for 74 percent of the nation’s total consumer spending in 2023, according to data released Tuesday by the High Commission for Planning (HCP). The concentration underscores persistent economic imbalances despite ongoing development initiatives. Casablanca-Settat leads overwhelmingly with 25 percent of national household final […]
Burkina Faso’s junta leader Captain Ibrahim Traore, who came to power in a 2022 coup, has said that elections in the country are “not a priority” compared to “security,” despite the military leadership’s earlier pledges to return to democracy with presidential elections by July 2024. “It’s not a priority, I’ll tell you that clearly, it’s […]
