CIA

Morocco completes 2 bln euro-denominated oversubscribed bond sale

Morocco has sold 2 billion euros in a dual-tranche bond split into four and ten years, as demand exceeded the offer, Bloomberg and Global Capital reported. Morocco gathered some 7 billion dollars in orders for the bond sale, highlighting the attractivity of the country for global investors. The bond would boost the government’s finances as […]

Cash-handouts will not help Algeria gain influence in region

As a state entertaining a rentier economy, Algeria has long sought to gain influence in Africa and the Arab region through cash handouts during the era of expensive oil. After years of diplomatic lethargy during the Bouteflika era, the recycled military regime tries the same recipe, yet money has run out. Algeria first donated 100 […]

Morocco, France seal a dozen agreements; AFD extends €150 Million loan for Youth Economic Integration

The 14th France-Morocco high level meeting held in Paris Thursday was marked by the signing of a dozen agreements intended to give a new dynamic to the partnership between the two countries. The agreements, signed at a ceremony chaired by French Prime Minister, Edouard Philippe, and the Head of the Moroccan Government, Saâd Eddine El […]