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Africa’s digital development needs boost from AfCFTA, import duties cuts — World Bank

African countries face higher tariffs and tend to import relatively low-quality digital goods compared to other regions, especially in low-income nations, a recent research by World Bank economists has found. Despite relying heavily on imports, tariffs that African countries impose on imported digital goods are about three times higher than other regions, the research has […]

Malawi joins African countries having consulates in Moroccan Sahara

Malawi will open on Thursday a consulate general in the Moroccan Saharan city of Laayoune, joining nearly thirty African, Arab and Caribbean countries which have already installed diplomatic representations since end of 2019, in Laayoune and Dakhla, pearl of Moroccan Sahara. The announcement of this new consulate was made Tuesday in Rabat by Malawi’s foreign […]

Union of Arab Banks Underscores Resilience of Moroccan Banking Sector

The General Secretariat of the Union of Arab Banks released a study underscoring the resilience of the Moroccan banking sector, which remains insulated from external risks that could affect its performance. The Beirut-based Union added that the Banking sectors of Morocco, Jordan, Lebanon, Palestine and Sudan show high resilience thanks notably to political conditions. The […]