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 […]
The International Organization for Migration (IOM) has launched an appeal to aid donors to raise $ 800,000 to enable the intergovernmental organization provide reintegration support to up to 1,000 stranded Sub-Saharan African migrants who want voluntarily to return to their home on flights provided by the Moroccan government. The IOM assistance will be provided to […]
Morocco closed 2018 with a record number of 12.3 million tourists visiting the country, that is an 8.3% rise compared with 2017, the tourism ministry said. Tourism revenues rose to 73.15 billion dirhams in 2018, from 69.7 billion dirhams in 2017, making the sector one of the main sources of hard currency for Morocco. With […]
