sahara_laayoune

Bank Al-Maghrib & IMF Extend Investment Agreement

Morocco’s central bank (Bank Al-Maghrib ) has agreed to extend its investment agreement for the benefit of the Poverty Reduction and Growth Trust (PRGT) until 2022 in support of IMF’s concessional lending to low-income member countries. The International Monetary Fund (IMF), as Trustee of PRGT, has amended its 2012 investment agreement with Bank Al-Maghrib, through […]

Mauritania to Set Up Private TV Stations

In the few coming months, Mauritanians will have the possibility to watch some new TV stations after the Nouakchott government agreed lately to open up the country’s airwaves to private broadcasters and gave its nod for the launching of five private TV channels and five radio stations. The move is seen as part of the […]

Morocco to sell 35% stake in Marsa Maroc

The Moroccan government plans to sell 35% stake in Marsa Maroc to Groupe Tanger Med which manages the biggest port in the Mediterranean and Africa in terms of container capacity. Marsa Maroc manages container terminals at 9 Moroccan ports and is listed at the Casablanca stock exchange. The deal will inject some 5.48 billion dirhams […]