Raja cruises to semi finals of Mohammed VI cup

SGTM’s IPO set to become second largest in Casablanca stock exchange history

Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]

Central Africa’s exports shrink in Q1 2019—Central Bank

The Bank of Central African States, also known as Banque des Etats de I’Afrique Centrale (BEAC), this week said the prices of 28 commodities exported by the six states of the regional bloc (CEMAC) accounting for 90% of export values, declined by 6.2% during the first quarter of 2019. The regional bloc consists of Cameroon, […]

Morocco: Consul General of France in Tangier found hanged at his residence

Consul General of France in Tangier, Denis François, was found “hanged” on Thursday 19 November at his residence within the Consulate premises. The news was first announced on Moroccan news website Le360 before being confirmed by a tweet from the French Embassy in Rabat. The diplomat’s lifeless body was discovered by his colleagues in his […]