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Central Bank cuts interest rate to boost economic activity amid drought, coronavirus fears

The Central Bank cut its benchmark interest rate to 2% to boost economic activity, which, like elsewhere in the world, is expected to reel under the impact of the coronavirus outbreak. Drought has complicated the outlook for Morocco, which expected a contraction of agricultural output plunging growth to 2.3%, according to the central bank. The […]

Clash between herders, farmers in Chad leaves 17 dead

At 17 people lost their lives in a battle with opposing breeders and farmers in the province of Moyen-Chari, of Chad, Anadolu news agency reports. “The violence that broke out on Tuesday continued on Wednesday. We also recorded several injuries, including to gendarmes who were dispatched to the area to restore order. The victims were […]

Morocco, Land of stability, Trust & Opportunities Attracting More & More international investors

In a global context marked by geopolitical tensions, armed conflicts and economic uncertainties, Morocco stands out as one of the safest and most attractive destinations for foreign investors. As the war in Ukraine continues to disrupt international markets and tensions in the Gulf fuel serious concerns about global energy and trade stability, the Kingdom emerges […]