Sub-saharian Africa Economies : What behavior toward the pandemic shock ?
Attijariwafa bank CIB Perspectives on the Sub-saharian Africa Economies’ behavior toward the Covid-19 shock.
Wafa Gestion in the Top 5 of the largest asset managers in the MENA region
With $14.4 billion in assets under management as of end 2020, Wafa Gestion has just been ranked fifth in Forbes' international ranking of the largest asset managers in the Middle East and North Africa region.
Green infrastructure
Attijariwafa bank, a key regional player in the development of green infrastructure in Africa takes part to the Africa CEO Forum webinar.
Africa charts a course out of the debt crisis
The pandemic has put a spotlight on the continent’s fragile economy, but there is a path forward to help vulnerable countries climb out of a debt pit.
Sub saharan Africa economies : What behavior toward covid shock
We had three reasons to believe that the SSA economies would be rather resilient facing the Covid-19 pandemic. We were referring to a foreseeable natural immunity of the Region citizens, to a pressure on the authorities to ease the barrier measures as well as to a limited exposure of SSA’s countries to the tourism sector.
Ordinary balance posting a deficit in 2021 when will we see a return to balance
In a context of an economic shock, the ordinary balance in Morocco would go into negative territory for the first time since the 2012-2013 crisis with a deficit of MAD -15 Bn according to the 2020 AFA.
Africa Report : State of play and prospects of African economies
Faced with the Covid-19 pandemic, African countries reacted differently. Their approach took into consideration, of course, the level of contamination, but also the economic priorities and the leeway available to each country. As a result, the economic impacts contrast from one country to another. [...]
Moroccan central bank : An accommodative policy to support a sluggish economy
The national economy is now facing an unprecedented situation marked by a double shock of supply and demand. This is due to the lockdown measures adopted both in Morocco and in most of its trading partners. In response to this challenging context, Bank Al-Maghrib has started a new era of monetary policy since mid-March 2020. [...]
Widening of MAD fluctuation bands : trust accumulation
After Bank Al-Maghrib’s opinion, the Ministry of Finance decided to proceed, starting Monday March 9th 2020, to a widening of the dirham’s fluctuation band from ± 2.5% to ± 5% compared to a central rate set by Bank Al-Maghrib at 60% EUR and 40% USD basket.
