Algerian Interim President Bensalah

Morocco’s green transition gets €25 Mln funding from EBRD, GCF & EU

The European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the European Union, provides €25 million to Banque Marocaine pour le Commerce et l’Industrie (BMCI) to support Morocco’s green transition. The financing, of which a total of €23.75 million will be provided by the EBRD and €1.25 million by […]

Société Générale informs Central Bank of its decision to leave Morocco

French bank, Société Générale, has informed Morocco’s Central Bank of its intention to leave the country, as part of a plan to withdraw from the African continent, Central Bank governor Abdellatif Jouahri said. Moroccan media has reported over the past few days that the French bank was planning to sell its Morocco branch to Saham […]

Morocco Steps in to Pre-empt Radicalization of Muslim Youth in Europe

Morocco is putting forward its pre-emptive approach to avert the radicalization of Muslim youth in Europe mainly through ensuring an adequate training of Imams in accordance with the tolerant values of the Maliki school. In an interview with the Financial Times, Abdelhak Khiame, head of Morocco’s counter-terrorism agency, reiterated Morocco’s readiness to offer Imam training […]