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Morocco: Over 840 kg of Cannabis Seized in Tanger-Med Port
Moroccan security services foiled on Monday the smuggling of 840 kg of cannabis at the Tanger-Med Port. The drugs were concealed inside utensils and pottery goods destined for export. The banned substance was carried by a vehicle registered in Morocco and heading for Spain. The driver, a 50-year-old Moroccan man, was arrested. Moroccan authorities opened […]
US grants Madagascar $20m to address food insecurity
The United States has allocated to Madagascar $20 million to help the African country to tackle food security exacerbated by the ongoing Russia-Ukraine conflict. The financing, the US ambassador Claire A. Pierangelo, notes, is within the framework of the US government’s global response to the impact of the “illegal invasion of Ukraine by Russia. The […]
Attijariwafa Bank Expects Egypt’s Unit to be its Major Growth Driver
Leading Moroccan bank, Attijariwafa Bank, is expecting its newly acquired Egyptian unit to be its major growth driver in coming years and is planning to expand its operations by adding new branches and hiring staff. The bank anticipates that the Egyptian operation will contribute 12% to 14% of its net income in 2018, with revenue […]



