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Morocco’s Bank of Africa reports $260 mln profit in 2023
Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%. African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said. Bank of Africa, previously known as […]
OCP Group Teams up with Fraunhofer for Creation of World-Class Lab in Morocco
OCP Group, world leader in the phosphate and derivatives market, has sealed a partnership agreement with German Fraunhofer institute for the setting up in Morocco of a world-class research Laboratory dedicated to the development of sustainable solutions. First of its kind in the North African Kingdom, the Lab will be based in the Mazagan Urban […]
Moroccans top list of recipients of EU citizenship for 7th year in a row
Moroccan nationals continue to dominate for the 7th consecutive year the list of the recipients of the European Union citizenship, according to figures on naturalization in the European Union for 2018, released on Monday by the EU statistics agency Eurostat. In 2018, some 67,200 Moroccans received the citizenship of Spain, Italy or France, representing […]


