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BCP Bank, AfDB Join Efforts in $100 mln Deal to Enhance African Trade
Morocco’s BCP Bank and the African Development Bank teamed up in a $100 million agreement to boost trade between African countries. The deal (risk participation agreement) provides for cooperation to promote trade between African states by meeting the growing demand on financing transactions in the continent, the Moroccan bank said in a statement. The BCP […]
Morocco: Heavily armed Terror Cell Planning Attacks Dismantled
Morocco’s Central Bureau of Judicial Investigation has dismantled a heavily armed 10-member terror cell that was active in Essaouira, Meknes and Sidi Kacem, the Interior Ministry announced on Thursday. A French national was among the cell members, the Ministry said, adding that the anti-terrorist brigade of the Central Bureau of Judicial Investigation (BCIJ,) called Morocco’s […]
PSA to step up production to 200,000 cars annually in Morocco plant
French carmaker PSA plans to speed up production at its Kenitra plant to hit the annual target of 200,000 vehicles by next September. PSA has withstood the coronavirus crisis posting sales higher than last year and taking up 46% market share in the region. Sales improved in key markets such as Turkey by 5.4%; 3.9% […]



