morocco-au-executive council

Egypt: Pro-Sisi parties triumph in parliamentary elections

Political parties loyal to President Sisi dominated in the parliamentary elections where For Love of Egypt party won all the 120 seats allocated to the list system while the majority of the remaining 448 seats filled on individual basis was also held by pro-Sisi parties. The elected MPs would be joined by 28 other members […]

Mauritania gets submarine cable connection

The first phase of the submarine cable ACE (Africa Coast to Europe) which connects coastal countries has been launched by France Telecom-Orange and other members of the ACE consortium. The cable provides access to high-speed Internet to beneficiaries and brings additional capacity to existing international networks. Mauritania with twelve other countries will be benefiting from […]

Casablanca‑Settat becomes first Moroccan region to issue bond

Morocco’s Casablanca‑Settat region has become the first regional authority in the country to tap the capital markets, issuing 1 billion dirhams (€92 million) local-currency bond with cornerstone support from the European Bank for Reconstruction and Development (EBRD). The EBRD said it invested MAD 400 million (€36.8 million) in the issuance, helping to ensure the bond’s […]