Morocco’s Banque Centrale Populaire (BCP) Group has become the largest banking group in Niger, after it finalized Tuesday the acquisition of the International Bank for Africa, so far the second-largest banking institution in the African country. With the completion of this transaction, the BCP Group holds, through its subsidiary ABI, 69.51% of the capital. BCP […]
Morocco anticipates a 41% increase in cereal production for the 2024-2025 agricultural season, with harvests expected to reach 44 million quintals, Agriculture Minister Ahmed El Bouari confirmed Monday at the Chamber of Representatives. The agricultural sector is projected to grow by 5.1% this year, rebounding from a 4% decline in the previous season. This improvement […]
Moroccan MPs gave go-ahead to the 2023 budget law that aims to foster the well-fare state, cut the fiscal deficit and promote investment in a difficult international context marked by the impact of imported inflation and the repercussions of climate change and drought. Drought and inflation have both dipped Morocco’s growth forecast for 2022 to […]
