Nasser Bourita reçoit le Secrétaire Général de l’OCI Yousef bin Ahmad Al-Othaimeen-AN

Morocco capital market regulator greenlights CFG Bank IPO

Morocco’s capital market regulator AMMC gave its approval for the listing of merchant bank CFG Bank on the Casablanca Stock Exchange. Under this IPO, CFG aspires to raise 600 million dirhams at a price share of 110 dirhams, with the subscription period running from November 30 to December 7. This marks the first IPO in […]

Morocco: Imported inflation leaves little room for fiscal or monetary intervention

Morocco, like most energy importing countries, is facing the fallout of an imported inflation that sent up the prices of basic commodities in the international market. In July, prices rose to 7.7% year on year, according to the national statistics agency. The increase has been felt mostly in food prices and transport cost which rose […]

Mali: Germany set to withdraw its troops by 2024, as Islamic State conquers key town

Germany is counting on nine to 12 months to withdraw its soldiers from Mali, just as jihadists affiliated to Islamic State group have made a significant advance to take Tidermene in the southeastern part of the country, further isolating the regional capital Menaka. Germany’s withdrawal was imposed by the new realities of the West African […]