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Morocco’s Central Bank lowers key rate to 2.5 %; expects growth to rebound to 3.9 in 2025 & 2026

North Africa Post

Morocco’s Central Bank has decided to reduce key rate by 25 basis points to 2.50 percent as inflation continues to evolve at low levels and is expected to end the year with an average of 1% compared to 6.1% in 2023. The decision was made by the Board of the Bank during its latest quarterly […]
Business Emerging Markets Europe Headlines International Morocco

French Delegation Explores Investment Opportunities in Dakhla-Oued Eddahab

North Africa Post

A delegation from the French city of Dreux visited Dakhla on Wednesday to explore economic potential, major development projects, and partnership opportunities in the Dakhla-Oued Eddahab region, following the recent signing of a friendship pact between the two cities. Led by Dreux Mayor Pierre Frédéric Billet, the group -including investors, business leaders, and cultural figures- […]
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Addis Ababa Declaration: 54 African countries pledge to minimize impact of mineral mining

North Africa Post

Environment ministers from fifty-four African countries have acknowledged key environmental challenges faced by the continent — land degradation, desertification and drought – in the Addis Ababa declaration. The declaration was a key outcome of the 19th African Ministerial Conference on the Environment (AMCEN) 2023 that was held in mid August in Ethiopia’s capital city. In […]