Spanish FM Arancha Gonzalez Laya

Morocco to back China’s textile Sunrise group with $410 mln

Morocco will offer a financial aid to China’s textile giant Sunrise Group worth 410 million dollars, to help fund an industrial project that would employ 11,000 people. The news came following a visit by Akhannouch- who was in China to attend an Africa summit- to a Sunrise factory where he met officials from the Chinese […]

Cameroon: Over a hundred abductions by armed separatists before elections (HRW)

At least a hundred individuals were abducted by armed separatists in the English-speaking regions of Cameroon before the legislative and municipal elections of Feb.9, revealed Human Rights Watch (HRW), which accused the soldiers of “new abuses”. “Armed separatists (…) kidnapped over 100 people, burned property, and threatened voters in the run-up to the elections,” the […]

Fitch Deems Morocco’s Capital Markets Well Developed

Capital markets are reasonably deep and well developed in Morocco wherein institutional investors buy long-term senior and subordinated bonds issued by Moroccan banks, says Fitch Ratings in its latest report on Moroccan retail housing finance market. The introduction of a covered bonds market in Morocco would support continued strong growth of retail mortgage lending, adds […]