UN counter terrorism chief Vladimir-Voronkov

Morocco’s Central Bank raises rates to 2% to fight inflation

Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor closely the economic developments, both nationally and internationally, and in particular, the evolution of inflationary pressures. The decision was made by the Bank’s Board after having analyzed the international economic […]

Morocco-Spain an example for African-European solidarity

When Spain was struck by an overwhelming power outage, Morocco came to the rescue thanks to an undersea power link, in a show of solidarity that falls in line with the Kingdom’s approach to neighborliness and cross-border cooperation. Morocco mobilized 38% of its national grid production to help Spain after the blackout. Prime Minister Sanchez […]

Benin, Niger trade accusations as oil row escalates

Benin accused Niger of sending secret agents to spy in its Seme port where a Chinese-built pipeline was supposed to begin exporting Nigerien gas, before it was blocked by Beninese authorities last month. The arrest of five Nigerien nationals marks a new escalatory move in the standoff between the two ECOWAS neighbors. Benin said the […]