IMF

Morocco completes 2 bln euro-denominated oversubscribed bond sale

Morocco has sold 2 billion euros in a dual-tranche bond split into four and ten years, as demand exceeded the offer, Bloomberg and Global Capital reported. Morocco gathered some 7 billion dollars in orders for the bond sale, highlighting the attractivity of the country for global investors. The bond would boost the government’s finances as […]

Morocco: New Move to Rehabilitate Historic Monuments in Fes

Morocco, which is determined to preserve the historic monuments and buildings in the ancient city of Fes, has launched this week a new program providing for the rehabilitation of some 27 monuments, including five medersas (residential colleges for Islamic scholars), four Borjs (tours) three Foundouks (hostels), three tanning factories, two walls, two bridges and eight […]

Algeria Shuts down Internet to Curb High School Exam Cheating

Algeria shut down internet nationwide to prevent high school students from cheating, after previous massive leaks cast doubt on the credibility of the national education system. Under such an extreme measure, internet will be disabled in the whole country for two hours of each morning as students sit for baccalaureate tests between June 20 and […]