Syrian refugees

ECOWAS renews efforts to launch single currency ECO in 2027

The leaders of the Economic Community of West African States (ECOWAS) have pledged to renew efforts to launch the region’s single currency, the ECO, with the revised date set for 2027. This decision was reaffirmed during the recent 66th Ordinary Session of the ECOWAS Authority of Heads of State and Government in Abuja, where leaders […]

EBRD promotes energy transition in Morocco’s mining sector with €13.6Mln Loan

The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]

Morocco Expects Growth to Shrink to 2.8% in 2018

Morocco forsees growth to slow to 2.8% in 2018, down from 4% in 2017 as rainfall uncertainties haunt the agricultural output. The figures released by Morocco’s statistics office (HCP) show that Morocco’s growth remains vulnerable to the performances of the agricultural sector. According to the same agency, non-agricultural activities would increase slightly from 2.8% in […]