Bourita at GCTF meeting

Phosphates: Morocco’s OCP sends Rwanda 15,000 tons of fertilizers

Morocco’s state-owned phosphate OCP Group has provided Rwanda 15,000 tons of Diammonium Phosphate (DAP) in a solidarity move to help farmers of this African country maintain productivity amid a serious global supply shortage, leading to record high fertilizer prices. The announcement of Moroccan donation was made over the weekend by Rwanda’s Minister of Agriculture Gerardine […]

AFCON to Be Held Every Four Years Starting in 2028, Says CAF Head

The president of the Confederation of African Football (CAF), Patrice Motsepe, confirmed on Saturday in Rabat that the Africa Cup of Nations (AFCON) will be held every four years starting in 2028. “The AFCON will be held every four years starting in 2028 to allow teams to better prepare for this continental competition,” Motsepe said […]

Fitch Deems Morocco’s Capital Markets Well Developed

Capital markets are reasonably deep and well developed in Morocco wherein institutional investors buy long-term senior and subordinated bonds issued by Moroccan banks, says Fitch Ratings in its latest report on Moroccan retail housing finance market. The introduction of a covered bonds market in Morocco would support continued strong growth of retail mortgage lending, adds […]