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COVID-19: Over half Moroccan enterprises have ceased operations – HCP study
Morocco’s high commission for planning issued bleak figures on the impact of coronavirus, which pushed 142,000 companies to halt activity, forcing 700,000 to temporary or lasting unemployment. In total, 57% of Moroccan enterprises, mostly small and medium sized have ceased operations. These comprise 135,000 enterprises that closed temporarily and 6,300 that declared bankruptcy, the HCP’s […]
Attijariwafa Bank to Expand Operations to East Africa
Moroccan Attijariwafa Bank group, which is already present in North Africa and West Africa, is planning to set foot in East Africa through new acquisitions to be launched by the end of 2019, announced Youssef Rouissi, the bank’s deputy general manager. Speaking to Reuters on the sidelines of an investment conference in Johannesburg, Rouissi , […]
Seychelles commissions 700 solar-powered transit houses
The government of Seychelles has recently commissioned a real estate project that will provide 700 transit houses with solar energy for people affected by disasters. Supported by the Indian government, the houses are located in Grand Anse, one of the islands of the archipelago. According to Philip Morin, Public Utilities Corporation (PUC) Executive […]



