Tunisian Bank Gets IFC Supports To Improve Corporate Governance

Tunisia Amen bank, the 2nd largest private bank in the North African country, has received backing from the International Finance Corporation, a member of the World Bank, to boost the company’s efforts to improve governance and modernize management practices. The IFC backing comes at a time when Tunisian banks are implementing new central bank regulations […]

Morocco Selects Ashurst, HSBC as Advisors for ‘Gas to Power’ Project

Morocco’s Electricity Utility (ONEE) selected two British firms as technical and financial advisors for its gas to power project. The London-based law firm Ashurst has been selected under a contract worth €1.9 million, while the Emirati branch of the British bank HSBC won a legal contract standing at $7.2 million. The gas to power project […]

Morocco reopens stadiums to fans

The Moroccan government said fans can return to stadiums after months of closures to curb Covid-19 infections. The decision came ahead of a decisive match opposing Morocco to DRC as part of World Cup qualifiers. Fans will however have to show vaccination proof, wear face-masks and observe social distancing. The decision came amid a trend […]