Algeria-protests

Morocco’s Central Bank keeps key interest rate unchanged at 2.25%, expects 4.6% Growth in 2025

Morocco’s Central bank has decided to maintain its key interest rate unchanged at 2.25 %, while continuing to strengthen the measures aimed at easing financing conditions for businesses, especially very small enterprises (VSEs). The decision was made Tuesday by the Bank’s board after having analyzed national and international economic developments and reviewed medium-term macroeconomic projections. […]

Madagascar: Christian Ntsay re-appointed as Prime Minister for new term

Madagascar’s recently re-elected President Andry Rajoelina has re-appointed on January 4 his former Prime Minister Christian Ntsay for the same position, as he begins a second term in office following November disputed elections. Rajoelina Thursday told lawmakers of his party and allies that three criteria led him to choose Ntsay as Prime Minister. “Loyalty is […]

Rains boost Morocco’s dam reserves after years of drought

Weeks of rainfall have slightly eased Morocco’s water crisis, adding more than 105 million cubic meters to dam reserves since mid-November, but overall storage remains at 31.5% only after years of drought. Official figures show national reservoir levels rose from 5.176 billion cubic meters on November 10 to 5.281 billion cubic meters by December 15, […]