Morocco’s new development model emphasized the key role that Casablanca stock exchange is poised to play and set goals such as increasing market capitalization and initial public offerings. However, the stock market suffered a lethargy in recent years with fewer listings and low secondary market activity as well as a flight of foreign investors. The […]
PricewaterhouseCoopers (PwC) confirmed last month it has closed operations in nine Sub-Saharan African countries following a strategic review, marking a significant retreat from the continent by one of the world’s “Big Four” accounting firms. The affected countries include Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, Democratic Republic of Congo, Republic of Congo, Guinea, and Equatorial Guinea, […]
Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the World Bank in Marrakech. The EUR 100 million 3-year and EUR 100 million 5-year Sustainable Development Bond transactions will support the financing of the World Bank’s sustainable development activities, the […]
