Fitch Ratings has revised its outlook on Moroccan banks Attijariwafa Bank, Bank of Africa, and Credit Immobilier et Hotelier (CIH) to Negative from Stable, while affirming the three banks’ Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDRs) at ‘BB+’. This comes after Fitch’s revision of the outlook on Morocco’s sovereign rating to Negative from Stable on […]
Moroccan and Portuguese business communities have agreed to set up a joint economic council to give a new impetus to bilateral trade, partnership and investment. The agreement was inked Monday in Casablanca by chairman of the Moroccan employers’ union Chakib Alj, Portuguese Secretary of State for Internationalization Eurico Brilhante Dias and vice-President of the […]
The draw for the 2024 Africa Nations Championship (CHAN) will take place in Nairobi, Kenya, on January 15, 2025, announced the Confederation of African Football (CAF). The CHAN, which will be co-hosted by Kenya, Uganda, and Tanzania from February 1 to 28, 2025, will feature top African nations. So far, Morocco, Senegal, the Central African […]
