Category: Finance

Morocco to issue dollar-denominated bond in 2023- Central Bank

January 20, 2023

Morocco would issue a dollar-denominated bond in 2023, the first since 2020, the central bank said. Morocco has yet to recover its investment grade although ... Read More

UN appeal for funds to save 30 million malnourished children

January 19, 2023

The United Nations on Thursday launched an appeal for funds to come to the aid "before it is too late" of 30 million children suffering ... Read More

Davos: Morocco enters new development phase to build social state (Gov’t Chief)

January 18, 2023

Morocco is entering, thanks to the leadership of King Mohammed VI, a new phase of its development characterized by the building of a Social State, ... Read More

Aya Gold & Silver Company raises $70 Mln for its projects in Morocco

January 18, 2023

Canadian company Aya Gold & Silver has raised $70 million for the development of its Moroccan Boumadine and Zgounder mining projects, near Ouarzazate. On Tuesday, ... Read More

EAC members bicker over who will host regional central bank to be set up in 2023

January 18, 2023

A decision to set up the East African Monetary Institute (EAMI) — the Central Bank of East Africa — which is widely seen as a ... Read More

Egypt: Launch of Erada microfinance to provide financial services to SMEs

January 17, 2023

The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt have launched Erada Microfinance to provide access to a wide range of financial services to micro ... Read More

China, Benin ink deal on partial debt cancellation

January 16, 2023

China and Benin signed a Memorandum of Understanding (MoU) on partial debt cancellation Saturday during the visit of the Chinese top diplomat Qin Gang to ... Read More

From Morocco, African states call for cheaper remittance transfer costs

January 13, 2023

African diaspora is in need of urgent action to reduce the cost of remittances, an instrumental source of investment and a key factor in reducing ... Read More

Morocco, Libya discuss cooperation in fighting financial crimes

January 13, 2023

The strengthening of cooperation between Morocco and Libya in the fight against financial crimes was at the focus of a meeting between public prosecutor at ... Read More

WB: Morocco’s growth to pick up to 3.5% in 2023 & 3.7% in 2024

January 13, 2023

The World Bank expects Morocco’s economic growth to increase to 3.5 percent in 2023 and 3.7 percent the following year as the country’s agriculture sector ... Read More