Bank-Al-Maghrib

OPEC Fund Lends Morocco $100 Mln for Climate Resilience Efforts

The OPEC Fund for International Development (the OPEC Fund) approved on Wednesday a $ 100 million loan to Morocco to enable the country to co-finance the first phase of the “Economic Governance & Climate Change Resilience Support Program”. To counter global economic and climate change challenges, the Moroccan government has set an ambitious program destined […]

Abidjan-based Banque Nationale d’investissement pledges to back coffee, cocoa exporters with around $274 million for new season

Banque Nationale d’Investissement (BNI), also known as National Bank of Investment, vowed to support exporters of coffee and cocoa of Côte d’Ivoire with around $274 million for a new season starting in few days, Abidjan Net reports. Jerôme Ahua, Deputy Director of the bank, made the announcement during a networking event of coffee and cocoa […]

Tunisia: President’s Son to Lose Position of Executive Director in Nidaa Tounes

A group of key members of President Caid Essebsi’s party Nidaa Tounes Sunday in Sousse called for suppressing the party’s position of Executive Director occupied by Hafedh Caïd Essebsi, son of the president and deemed source of division in the party. The group, calling itself reform and rescue group, argued that the party needs new […]