congress

Morocco’s BCP Group acquires majority stakes in Madagascar’s BMOI

Morocco’s Banque Centrale Populaire, BCP, finalized Thursday the acquisition of 71 per cent stakes in Banque de Madagascar et de l’Océan Indien (BMOI), an Antananarivo-based bank owned by French group BPCE (Banque Populaire et Caisse d’épargne). The deal signed at BMOI will enable the BCP to deepen its foothold in the Indian Ocean area and […]

Morocco -U.S. conduct maritime exercise to enhance interoperability

Morocco’s Royal Navy and Air Forces are participating with the USS Dwight D. Eisenhower Carrier Strike Group in a maritime exercise aimed at enhancing their joint interoperability to advance US-Morocco interests, security and stability in Europe and Africa. Code-named “Lightning Handshake”, the exercise, which is taking place during this first week of March, includes several […]

Washington Lauds Rabat’s Mature & Balanced Approach Regarding Sahara Issue

Under Secretary of State for political affairs Thomas A. Shannon hailed Morocco for its mature and balanced approach in dealing with the Sahara issue, describing the proposal made by the North African country to grant autonomy status to the disputed territory as “realistic, serious and credible.” “Morocco’s autonomy proposal is realistic, serious and credible,” and […]