Morocco’s BCP bank started talks with French BCPE bank to buy major stakes in four of its African banks. BCP said in a statement it aims at acquiring BPCE’s controlling stakes in Cameroon, Madagascar, Congo and Tunisia. The French bank owns 68.5% of Banque Internationale du Cameroun pour l’Épargne et le Crédit (BICEC); 71% of […]
Morocco and the Mercosur- a sub-regional Latin-American grouping bringing together Argentina, Brazil, Paraguay and Uruguay- have recently started technical negotiations to pave the way for the conclusion of a Free Trade Agreement. To that end, a meeting was held at the headquarters of the Brazilian foreign ministry, where the Moroccan delegation shed light on the […]
Moroccan Foreign Minister Nasser Bourita is currently touring a number of European capitals to explain to his interlocutors the latest developments of the Sahara issue, following the incursions of the Algeria-backed Polisario in the buffer zone, east of the Moroccan defense berm. Bourita’s talks are also covering ways to strengthen partnership between Morocco and the […]
