The north African country faced numerous challenges long before Covid-19 struck, but the path to much-needed reforms is a difficult one.
Hiba Zahoui, head of Bank Al-Maghrib’s banking supervision department, on the state of the country’s banking sector.
Despite a change in leadership before the pandemic, Algeria is yet to embark upon a programme of much-needed reforms.
Concerns are mounting over what will happen when Algeria’s central bank withdraws its pandemic relief measures.
Planned economic reforms are boosting confidence in Morocco, despite the setbacks of the pandemic and a drought.
Morocco’s banks have come through the dual hit to the economy of Covid-19 and a drought.