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Moroccan Economy Posts 4.6% Growth in 2017

Moroccan economy grew by 4.6% in 2017 compared to 1.2% in 2016 on the backdrop of an improvement of the indicators of the agricultural sector. Abundant rainfall boosted the agricultural value added to 15.4% in the first three quarters of 2017 compared to -12.5% the same period in 2016, Economy and Finance Minister Mohamed Boussaid […]

Morocco’s King congratulates newly elected Tunisian President

King Mohammed VI congratulated newly elected Tunisian President Kaïs Saïed wishing him success in his new mission. Saied, a former law professor, won the presidential elections on Sunday with a landslide victory. In his congratulations message, King Mohammed VI lauded the commitment of the Tunisian people to strengthen the rule of law and institutions saying […]

Morocco’s BCP Becomes Largest Banking Group in Niger

Morocco’s Banque Centrale Populaire (BCP) Group has become the largest banking group in Niger, after it finalized Tuesday the acquisition of the International Bank for Africa, so far the second-largest banking institution in the African country. With the completion of this transaction, the BCP Group holds, through its subsidiary ABI, 69.51% of the capital. BCP […]