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Morocco: Bill regulating crypto assets in the pipeline

Morocco is drafting a bill to regulate crypto assets in line with the recommendations made during the last G20 Summit, Governor of the central bank “Bank Al-Maghrib”, Abdellatif Jouahri, said Tuesday in Rabat. “The main objective of this legislation is to align Moroccan regulations with international standards concerning crypto assets according to a rigorous approach, […]

Portugal’s Simoldes to Establish 70mln Dollar Plant in Morocco

Portugal’s leading mold making company, Simoldes, is on course to launching construction works for its 70 million-dollar industrial plastics processing complex in Morocco to supply automakers in North Africa and beyond. The new plant will stretch over a surface area of 10 hectares with a potential to employ 3000 people. The complex will be producing […]

Afreximbank grants Tunisia $700m loan

Tunisia has received $700 million in credit facility from African Export–Import Bank known as Afreximbank.   President Kais Saied, according to a statement by the state-run television, approved the credit line requested by the Central Bank of Tunis.   The statement neither provided details on the period of the loan nor the interest rate.   […]