The Central People’s Bank of Morocco (BCP) has secured funds from Proparco and the African Development Bank, destined to upgrade its business financing in West Africa, mainly in Côte d’Ivoire, Guinea, Mali and Senegal, where the bank is operating through its subsidiary Banque Atlantique. BCP has thus signed Thursday in Casablanca a funding agreement with […]
Morocco’s tax revenues rose 15% in 2025, outperforming government forecasts and helping the state finance higher social spending and public investment, minister in charge of the budget Fouzi Lekjaa said. Speaking during a session on the execution of the 2025 budget law, Lekjaa said tax receipts increased to 43.8 billion dirhams last year, pushing the […]
Egypt’s army has replaced a supply firm to take full control of the imports of strategic commodities such as wheat, in a move that highlights the growing role of the Egyptian armed forces in the economy, Reuters reported. The army will conduct tenders on wheat and other strategic commodities instead of the General Authority for […]
