Casablanca city authorities are mulling the launch of a monorail or an aerial subway to help ease traffic congestion for its over 5 million inhabitants. After the launch of the Tramway, Casablanca officials are negotiating with Chinese electric vehicle manufacturer BYD for the launch of the Monorail or the aerial subway, which are designed to […]
Banque Centrale Populaire (BCP), one of Morocco’s three biggest lenders, continues its expansion in Africa with the acquisition of Banque des Mascareigne in Madagascar and the opening of a subsidiary in Mauritius, thus becoming the first Moroccan bank to operate in the island. With this acquisition, BCP reinforces footprint in the Indian Ocean as part […]
A South African court ruled on June 15 to maintain the seizure of Cherry Blossom, a ship carrying 55,000 tons of Moroccan Sahara phosphates bound for New Zealand, in a hostile action reflecting the use of the justice system in South Africa by the separatists to settle political matters with Morocco. The court decided that […]
