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Morocco: Central Bank raises rates to 2.5 % & expects growth to reach 3pc in 2023
Morocco’s central bank has decided to raise its key rate by 50 basis points to 2.5pc due to inflation upward trends and external pressures that spread to non-tradable goods and services and to the implementation of the subsidy system reform starting 2024. During last quarterly meeting held Tuesday in Rabat, the Board of Bank Al-Maghrib […]
Launch of extension works of Nouaceur Aeronautics and Airport Logistics Institute
The extension and conversion works of the Institute Specializing in Aeronautics and Airport Logistics Trades (ISMALA) in Nouaceur, near Casablanca, were launched on Thursday. The works are co-financed by the US Millennium Challenge Corporation (MCC) which invested in the project 59.5 million DH ($6.6 million) through its MCA-Morocco “Charaka Fund”. Morocco’s Office for Vocational […]
Burkina Faso gives French troops one month to leave
Burkina Faso has ordered French troops stationed in the country to leave within one month amid ongoing anti-France sentiment at home. Local media, including National broadcaster RTB and state-run news agency Agence d’Information du Burkina, indicated that the Government made the decision Wednesday to end the presence of France’s military on Burkinabe soil. The government […]



