Morocco border health control

Morocco’s BCP Group acquires majority stakes in Madagascar’s BMOI

Morocco’s Banque Centrale Populaire, BCP, finalized Thursday the acquisition of 71 per cent stakes in Banque de Madagascar et de l’Océan Indien (BMOI), an Antananarivo-based bank owned by French group BPCE (Banque Populaire et Caisse d’épargne). The deal signed at BMOI will enable the BCP to deepen its foothold in the Indian Ocean area and […]

Morocco denies access to three Spanish pro-Polisario advocates

Morocco has asked three Spanish pro-Polisario leftists’ activists to go back onboard the same flight that brought them to Laayoune’s airport in the Sahara. The three activists are known for their pro-separatism stands and came equipped with Polisario flags as part of a mission sugarcoated in “monitoring human rights.” The group is the third to […]

Morocco’s trade deficit narrows on lower energy imports

Morocco’s trade deficit shrank 6.5% as the country’s energy imports dropped 20%, Morocco’s foreign exchange office said. Energy imports stood at 69 billion dirhams, offsetting a drop in phosphates and fertilizers exports by 40% to 40.8 billion dirhams, due to lower prices. State-owned phosphates and fertilizers producer said a few days ago its sales were […]