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 […]
Citizens of 18 countries including Morocco, Tunisia and Algeria have been exempted from visa requirements to visit far-eastern part of Russia, reports say. The Russian Premier Dmitry Medvedev announced Russian authorities’ decision on Monday. “I recently approved the list countries whose nationals can benefit from the preferential treatments,” Medvedev said. The decision is taken in […]
The European Union is eyeing the potential of Africa’s yet-to-be-developed green hydrogen industry, deepening climate and energy partnerships in the process, as evidenced by the recently inked $34 billion deal for a giant green hydrogen project in Mauritania. After a recent rush on Africa’s natural gas resources following the Russia-Ukraine war flare up in March […]
