Tunisian Nawara gas field

Morocco should increase wheat inventories to cover up to 6 months- traders

Morocco should increase its strategic stockpile of wheat to cover up to 6 months from about 3 months currently, head of the Moroccan federation of wheat traders, Omar Yakoubi said. Crises during 2008, 2018 and the most recent supply disruptions following the war in Ukraine, were triggers for Morocco to consider expanding its strategic reserves […]

Morocco’s BCP Bank Expands in Mauritius & Madagascar

Banque Centrale Populaire (BCP), one of Morocco’s three biggest lenders, continues its expansion in Africa with the acquisition of Banque des Mascareigne in Madagascar and the opening of a subsidiary in Mauritius, thus becoming the first Moroccan bank to operate in the island. With this acquisition, BCP reinforces footprint in the Indian Ocean as part […]

Tunisia to freeze salaries, recruitment in public sector for next three years – local NGO

Tunisia has pledged to the International Monetary Fund (IMF) to freeze salaries and recruitments in public sector from next three years until 2024, local powerful NGO I Watch has revealed, citing a leaked document about the ongoing negotiations for a loan between the North African country and the Washington-based lender. Tunisia is talks with the […]