The World Bank is ready to strengthen its support to Morocco’s economic and social development efforts, said Wednesday in Rabat, President of the World Bank Group, David Malpass. The WB official, who had meetings with Head of the Government Aziz Akhannouch and Minister of Economy and Finance, Nadia Fettah Alaoui, congratulated Morocco for “its effective […]
In 2023, banking intermediation was at the heart of Mauritanian banks’ operations, as they leveraged their deposit-taking and lending activities to support growth. According to the Central Bank of Mauritania’s 2023 annual report, this activity accounted for 65.1% of the banking sector’s total consolidated assets. Customer deposits at the 17 banks operating in the country […]
The International Crisis Group has warned that a gradual escalation of hostilities over the Sahara issue could spark a broader conflict in the region. The Algeria-backed Polisario group could launch more attacks on Moroccan territory, targeting foreign economic interests, says the Brussels-based think-tank in its assessment of serious global conflicts risks. The deadly attacks targeting […]
