The European Bank for Reconstruction and Development injected 38.4 million euros-via a green bond issuance- in Moroccan rail operator ONCF, as the latter expands its network. “Issuing the bond will partially refinance the debt from ONCF’s latest development round designed to modernize and electrify the network; acquire and upgrade electric rolling stock; address safety units […]
President Abdel Fattah al-Sisi has spent 100 days in office marked with daring economic reforms that his predecessors have avoided as politically-risky reforms. The reforms could attract foreign investors who have stayed away from the country due to the political crises that the country has been experiencing. Bryan Carter, lead portfolio manager for emerging debt […]
Morocco and India’s technology giant Hindustan Computers Limited (HCL) signed over the weekend an agreement on an investment project meant to boost technology cooperation. In a joint communique released following the signing ceremony Saturday in Noida, India, the two partners indicated that the agreement underlines HCL’s determination to invest in Morocco in the outsourcing sector. […]
