Attijariwafa Bank has conducted an early buyback of $290 million of Gabon’s external debt, in a transaction that will ease the debt burden in the country and foster its financial stability. The operation represents 50% of Gabon’s Eurobond. It was made by l’Union Gabonaise de Banque (UGB), the local subsidiary of Attijariwafa Bank. The operation […]
Morocco has declared null and void a statement on the Sahara issue drafted by the Kenyan Presidency of the Peace and Security Council (PSC) of the African Union with an instigation from Algeria, while the chairperson of AU commission Moussa Faki called for putting an end to maneuvers. Speaking at a press conference in […]
The Moroccan industry is steadily recovering from the repercussions of the coronavirus and the restrictive measures related to it with 93% of jobs lost to the virus now retrieved, industry minister Moulay Hafid El Alamy said. In this respect, 100% of jobs lost in the pharmaceutical industry were restored while the rate is 97% for […]
