Morocco’s Attijariwafa bank Group has officially taken over British Barclay’s Egypt branch, reports say. Attijariwafa bank Group, Morocco’s leading bank group, won the transaction after beating several global bank groups, among which Emirati NBD headquartered in Dubai. The transaction estimated at $400 million will enable the Moroccan financial institution to expand its already wide network […]
The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]
CMA CGM, a world leader in maritime transport, has launched a new service linking Morocco to several West African countries, including Côte d’Ivoire, Ghana, Benin and Liberia. By launching this new shipping line, the French group, Compagnie Maritime d’Affrètement-Compagnie Générale Maritime (CMA CGM), supports the North African Kingdom’s economic development and revs up the commercial […]
