The coronavirus outbreak has taken a dangerous turn in Morocco with fears that the fight against the virus may lead to restoring a general lockdown after a surge in cases. Eight big cities have already been closed to traffic to prevent mobility, which more than doubles during the Eid holidays as people travel to the […]
Morocco’s economic growth is expected to fall to 2.6% in 2019 after lower rainfall affected crops, the central bank said, noting that growth would increase to 3.5% in 2020. The central bank, known as Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% while promising to carry out action to promote entrepreneurship. Holding […]
Burkina Faso’s military-led government has completed the nationalization of five gold mining assets, marking a significant pivot in its economic strategy aimed at asserting greater control over the country’s mineral wealth, international media reported. The move, finalized through a government decree earlier this month, transfers ownership of two producing gold mines and three exploration permits […]
