CFA franc

Morocco capital market regulator greenlights CFG Bank IPO

Morocco’s capital market regulator AMMC gave its approval for the listing of merchant bank CFG Bank on the Casablanca Stock Exchange. Under this IPO, CFG aspires to raise 600 million dirhams at a price share of 110 dirhams, with the subscription period running from November 30 to December 7. This marks the first IPO in […]

World Bank allocates additional $200 million to support education in Morocco

The World Bank announced that it has allocated additional financing of $200 million to the Education Support Program in Morocco, bringing the total project value to $700 million. In a recent document, the World Bank spoke of additional financing aimed at restructuring the results of the main indicators, in addition to extending the program from […]

Sierra Leone’s election irregularities raise global concerns

A watchdog group in Sierra Leone responsible for monitoring elections has reported irregularities in voting results in the 24 June ballot, as 67% of Sierra Leonians reportedly believe their country is headed in the wrong direction, according to Council of Foreign Relations. National Election Watch said in a statement that it “has noted large inconsistencies […]