Morocco has the second biggest mining sector in the Middle East and North Africa, BMI, a Fitch Group company, said in a recent study. BMI’s Risk Reward Index showed that Morocco came second with a score of 56.3 out of 100 preceded by Saudi Arabia ranking first with a score of 59.5. The study explained […]
Sunu Finance group has pulled out as main shareholder from Cote Ivoire’s trade and industry bank BICICI now controlled by a State-run consortium, “Sika Finance” reports. The holding has sold its 19.11 shares for $35.6 million to Abidjan-based Brandon & MCain Capital, an investment firm founded by Ahmed Cisse, the President of Côte d’Ivoire’s employers’ […]
The European Investment Bank has invested €2.5 billion in Morocco over the last five years, making the North African Kingdom the 2nd largest recipient of EIB funding in the southern Mediterranean region. Speaking at a press conference held Wednesday in Rabat, Ricardo Mourinho Félix, EIB Vice-President said the bank’s investment supported Morocco’s development and its […]
