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Category: Business
High cost of imported fertilizers is adding to food crisis in Africa
Global fertilizer suppliers have benefited from high fertilizer prices in 2022-23 but, by and large, they have undermined production, contributed to high food prices, and ... Read More
Fitch Rating expects Moroccan banks profitability to improve in 2023
Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a ... Read More
MP James Duddridge: Morocco, UK’s Gateway to African Market
Conservative MP James Duddridge has described Morocco as a longstanding partner and friend offering UK huge post-Brexit trade opportunities. In an Op-Ed published Wednesday by ... Read More
Indian HCLTech sets up a Global Delivery Center in Morocco
Indian multinational information technology services and consulting company HCLTech launched a Global Delivery Center (GDC) in Rabat, Morocco, as part of the company’s nearshore strategy ... Read More
Preservation of Judeo-Moroccan heritage: Moroccan, Israeli archives institutions sign MoU
The Archives of Morocco and the Archives of Israel signed, on Wednesday in Rabat, a memorandum of understanding (MoU) aimed at preserving the Jewish-Moroccan memory ... Read More
AfDB enters new $1 billion exposure exchange with the Asian Development Bank
The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen ... Read More
IFC loans Express Union Tchad around $3m to boost access to finance for underserved communities
The International Finance Corporation, IFC, has provided a loan worth close to $3 million to Chad’s leading microfinance Express Union Tchad (EUT) to boost access ... Read More
World Bank approvres $350 million financing for Morocco’s water program
The World Bank has approved a $350 million results-based financing program to support Morocco implement its National Program for Drinking Water Supply and Irrigation (PNAEPI ... Read More
Morocco-Nigeria pipeline: UK’s RPS to undertake meteorological and oceanographic studies
British consulting firm RPS won a contract to undertake a study on the meteorological and oceanographic conditions for the Nigeria-Morocco gas pipeline. The contract was ... Read More
Burkina Faso launches new “Caisse de dépôt et d’Investissement” to finance major projects
Burkina Faso is setting a new Caisse de dépôt et d’Investissement, CDI-BF, assigned several tasks including financing of State’s major projects. The decision, “Sika Finance” ... Read More