Morocco subjected the export of face masks to special export permits after the Covid-19 outbreak in the world triggered a supply shortage combined with high demand. The decision also comes after authorities seized 100,000 masks in a vehicle in Tangier port. The British driver intended to sell the masks in his country for high prices. […]
Holmarcom Finance Company has agreed to acquire the 67% controlling stake held by BNP Paribas in Moroccan lender Banque Marocaine pour le Commerce et l’Industrie (BMCI), the two groups said on April 29. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals in Morocco, including from Bank Al‑Maghrib […]
Morocco has hosted within four weeks three key events to leverage resources and spur joint action in favor of Africa’s financial resilience in the face of overlapping crises. Last month, Morocco hosted a meeting of African Union finance ministers to discuss common challenges and how to maintain steady funding for the continental organization. The same […]
