Lactalis group

COVID-19: EU Ambassador to Rabat hails Morocco’s vaccination campaign

European Union ambassador to Rabat Mrs. Claudia Vidaye has commended Morocco’s immunization campaign against covid-19, which has been launched on Jan.28 and which is doing better than some European countries.   At a press conference held on Wednesday in Rabat on achievements by EU-Morocco partnership last year and cooperation prospects for 2021, the diplomat voiced […]

Moroccan dirham widens gap with a weakening Algerian dinar

Over the past decade, the Algerian dinar has experienced a dramatic free-fall in value compared to the Moroccan dirham. In 2014, one dirham was worth ten dinars, but by 2024, this gap has doubled, with one dirham now equivalent to twenty Algerian dinars. This gap is not due to an appreciation of the dirham, which […]

Africa to have stronger voice in IMF, as WB warns African central banks against risky monetary initiatives

The International Monetary Fund (IMF) has announced that sub-Saharan Africa will be allocated a third seat on the global lender’s executive board, while the World Bank has warned the central banks in Nigeria, Ethiopia, and Uganda not to overplay their hand in getting involved in risky monetary initiatives. Sub-Saharan Africa will have a “stronger voice” […]