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Casablanca, Second African City with Most Billionaires
Morocco’s economic capital, Casablanca, has been ranked second African city to house the largest number of billionaires by Forbes Africa Magazine in its 2017 ranking of African billionaires. The city comes right behind the Kenyan capital Nairobi, which has toppled the South African capital Johannesburg. Casablanca, according to the famous magazine, is home to 5,000 […]
Mali relies on Morocco, a friendly country, to pursue its reconstruction & stabilization
Morocco is one of the friendly countries on which Mali relies to pursue its reconstruction and stabilization, Malian Prime Minister, Choguel Kokalla Maïga, said. Maïga made the remarks when receiving the Moroccan delegation which participated in the Week of Malian Expert Surveyors (April 18-20), where the Kingdom was the guest of honor. The Malian PM […]
IFC and EOS Prepare €60 Million Bad-Debt Vehicle for Morocco
Facing a continuous rise in non-performing loans on Moroccan bank balance sheets, the International Finance Corporation (IFC) and German group EOS Holding are preparing an investment vehicle worth up to 60 million euros. The operation aims to create new capacity for buying and managing distressed assets while helping a secondary market for bad debt emerge […]



