CFC casablanca

Morocco ahead of schedule in aeronautical industry goals

Morocco is moving forward posting results that have surpassed the set goals for the aviation industry 2020 plan. With 140 enterprises in 2019, the sector grew from 3 enterprises 20 years ago and is now generating revenue of 17 billion dirhams. French Safran for example intended to open a plant employing 400 people but now […]

Libyan political parties call for unity, action to resolve stalemate

Thirty representatives from various Libyan political parties have expressed deep concerns over the ongoing political deadlock in the country during an introductory meeting with Hanna S. Tetteh, the Special Representative of the UN Secretary-General for Libya. The representatives underscored the urgent need to unify state institutions, accelerate the political process, and better manage resources, as […]

BNP Paribas divests its South Africa corporate banks

After Shell, BNP Paribas has ditched its corporate banking business in South Africa, amid a spate of divestments by major multinationals. BNP Paribas, the largest bank in the EU, withdrew from South Africa after 12 years, as it seeks to consolidate its European and Asian business. BNP Paribas is also part of a series of […]