ABC daily

Morocco takes part in 16th ministerial meeting of “5+5” defense initiative

Morocco took part in the 16th ministerial meeting of the “5+5” defense initiative held Wednesday via videoconference under the chairmanship of Malta. The meeting was an opportunity to review what has been accomplished this year thanks to the defense cooperation between the ten countries of the two shores of the Mediterranean. These countries are France, […]

Morocco’s Central Bank maintains accommodative policy to promote growth

Morocco’s central bank kept its key interest rate unchanged at an all-time low of 1.5%, in a sign that it is more concerned about promoting growth, than curbing a high inflation caused by exogenous factors. The Bank said inflation would soar to 5% in 2022 and drop to 2% next year. Central Bank governor had […]

Tanzania: UN backs 4th SADC Industrialization Week

The United Nations Industrial Development Organization (UNIDO) has announced that it will support Tanzania in hosting the 4th Southern African Development Community (SADC) industrialization week next month. Tanzania will host the 4th SADC Industrialization Week August 5-9 under the theme: “A Conducive Business Environment for Inclusive and Sustainable Industrial Development.” According to Stephen Kargbo, UNIDO […]