Moroccan economy

Kenyan, Nigerian currencies tumble to new record lows against US dollar

Kenyan and Nigerian currencies have both hit all-time lows in the past few days, worsening the economic situation in the two heavily indebted African countries plagued by high inflation and ongoing dollar shortages. Kenyan currency hit all-time low of 150 shillings to the US dollar on Monday (23 October), while the Nigerian naira has faced […]

Sudan: Head of junta will not run in coming elections race

Gen. Abdel Fattah al-Burhane, who rules Sudan after a coup nearly a year ago, said he will not run in future elections meant to put in place a civilian-led government. “I have no desire to run as a candidate,” General Burhane, 62, said in an interview with The Associated Press on the sidelines of the […]

Morocco excels at promoting moderate Islam- Brookings

US Think tank, Brookings, put in the limelight Morocco’s efforts to promote the genuine Islamic values of tolerance and moderation in Africa where the kingdom has capitalized on centuries-old ties. “Social, cultural, and religious ties between Morocco and its sub-Saharan neighbors date back centuries to robust trade exchanges and the spread of Islam in Africa,” […]