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Business Emerging Markets Headlines Morocco

Tanger Med Port: Over 10 Mln containers processed in 2024, Mediterranean leadership consolidated

North Africa Post

The Tanger Med port complex has processed 10,241,392 containers in 2024, representing a growth of 18.8% increase compared to 2023 throughput tally. This performance reflects the trust of international shipping operators in the service provided by the Moroccan port which was reinforced with modern facilities and new equipment reducing the ships waiting and maneuvering times, […]
Africa Business Community Headlines Morocco

Morocco’s Commitment to South-South Cooperation Highlighted before 11th OACPS Summit

North Africa Post

Morocco reaffirmed, on Saturday in Malabo, its unwavering commitment to renewed South-South cooperation, based on partnership and concrete solidarity, in line with the vision of King Mohammed VI. This came in the address made by Foreign Minister Nasser Bourita, before the 11th summit the Organization of African, Caribbean, and Pacific States (OACPS), where Morocco is […]
Africa Emerging Markets Finance Headlines International Morocco

AfDB approves $70 Million risk-sharing agreement with Morocco’s BCP to develop foreign trade

North Africa Post

The African Development Bank (AfDB) has approved a $70 million risk-sharing agreement with Morocco’s Banque Centrale Populaire (BCP) to develop foreign trade. This agreement is the second with BCP and is part of a program entitled “50/50 risk-sharing agreement for Morocco’s Banque Centrale Populaire”. It takes place in a context of tightening capital adequacy and […]