Morocco: BMCE Bank of Africa launches Chinese branch in Shanghai

Morocco’s BMCE Bank of Africa launched Tuesday in Shanghai, China, its first branch in the world’s second largest economy as it positions itself as the channel between Chinese investors and Africa. Present in China for over two decades as a representation office, MBCE Bank of Africa’s new branch, is located in the financial district of […]

Moroccan police arrest Interpol-wanted French, Swedish nationals

Marrakech police arrested on Friday evening a French national wanted internationally for attempted murder. Carried out in coordination with Morocco’s General Directorate for Territorial Surveillance (DGST), the arrest was based on an international warrant issued by French judicial authorities. The 25-year-old suspect was in Morocco illegally and was apprehended during a routine search. A suspected […]

Former EFE’s Boss: U.S. Bets on Morocco rather than Spain, Heralds Shift in Global Alliances

Former Head of Spanish News Agency EFE, Luis María Anson, has voiced concern over Washington’s growing preference of Morocco over Spain, saying such a tendency will weaken Madrid’s regional and international influence. The U.S. administration is suspicious of the Spanish government’s rapprochement with the communist party, but also of Pedro Sánchez’s open or undeclared ties […]