Attijariwafa bank

Chad declares state of emergency as floods leave millions in despair

Chad’s President Mahamat Idriss Deby has declared a state of emergency over flooding that is affecting more than a million people in 636 localities in the country while swallowing up more than 465,000 hectares of fields. While not uncommon during Chad’s rainy season, which usually runs from May to October in its southern regions, this […]

Libya: Sharp Fall in Oil Output Sparks Concern of Western Powers

Libyan oil production is falling more sharply than expected, declining by 70 percent from pre-civil war levels due to continued instability and hostilities between armed groups. The situation has sparked serious concerns of Western powers. A joint statement issued by the French Government said five of its NATO allies have expressed concern about tensions near […]

Morocco to launch Takaful insurance soon

Morocco is putting the final touches on the Takaful insurance key to a growing participatory finance triggered by real estate mainly. Speaking at a national insurance seminar, Central Bank Governor Abdellatif Jouahri said Takaful will be launched soon as the main stakeholders are working together to finalize it. A law on Takaful was approved by […]