Casablanca Finance City

Migrants’ arrivals in Spain drop by 52% in April thanks to Cooperation with Morocco

The number of irregular migrants reaching Spain has dropped by 52% in April, compared with the same month last year, reported Spanish daily newspaper ABC, pointing out that this notable decrease was made possible thanks to cooperation with Morocco and the North African Kingdom’s efforts to foil migration operations and dismantle illegal migration networks. Moroccan-Spanish […]

Moroccan Attijariwafa Bank, Japanese Sumitomo Corporation Team up for Africa’s Development

The Moroccan banking group, Attijariwafa bank, and the Sumitomo Corporation Europe Limited, one of the branches of the Japanese giant, have signed recently a memorandum of understanding, under which they agreed to establish a long-term partnership for the implementation of major development projects in Africa. The memorandum seeks to promote cooperation between the two groups […]

Libyan rivals declare ceasefire on back of Covid-19

Amid a surge in coronavirus cases, the two warring governments in Eastern and Western Libya have declared an immediate nationwide ceasefire offering hope for a de-escalation of a conflict that has wracked the country since a 2011 uprising. It started after the UN-backed government in Tripoli, led by Fayez Sarraj, said he had instructed aligned […]