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Morocco 1st Green Bond Gets €135 Mln International Financial Support

IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, respectively, in the first green bond issuance by Banque Centrale Populaire (BCP), to promote sustainable, environment friendly projects in Morocco. This is the first green bond issuance in foreign currency […]

Morocco to Roll Out New Vehicle License Plates Featuring Latin Letters From 2027

Morocco will introduce a new vehicle license plate system starting in 2027, adding Latin-letter equivalents and the international “MA” country code alongside the existing Arabic registration format, under new rules published in the Official Gazette. The core change adds a Latin version of the Arabic letter already used on plates, alongside the kingdom’s international vehicle […]

Cash-strapped Tunisia seeks IMF loan

Tunisia has officially asked the IMF for a new program to back up the economic reforms to alleviate the strain on public finances. The Tunisian government agreed an economic reform package with powerful labor union UGTT at the end of last month that tackles subsidies, taxes and state firms, and which was seen as opening […]