The German reconstruction bank, Kreditanstalt für Wiederaufbau (KfW), is supporting the drinking water Supply and Sanitation sector in Morocco with €55.5 million. Under a financing agreement signed Thursday in Rabat between KfW and Morocco’s National Office for Electricity and Drinking Water (ONEE), €28.5 million will finance drinking water supply to small and medium-sized centers. This […]
Capital markets are reasonably deep and well developed in Morocco wherein institutional investors buy long-term senior and subordinated bonds issued by Moroccan banks, says Fitch Ratings in its latest report on Moroccan retail housing finance market. The introduction of a covered bonds market in Morocco would support continued strong growth of retail mortgage lending, adds […]
The United States has included Algeria among countries with worst records in fighting human trafficking, blaming the Algerian authorities for their continued lack of action and will to prevent this scourge. In its latest annual report “Trafficking in Persons Report” released Thursday, the State Department listed Algeria in Tier 3 group, the worst category. Tier […]
