Morocco’s Mohammed VI Investment Fund and Moroccan banks (GPBM) signed a deal to allow private investors access to subordinated debt. The fund said it will allocate 4 billion dirhams to this financing mechanism that will be available starting from April. The new launched subordinated debt targets enterprises with a capitalization of 5 to 500 million […]
Morocco will host in 2021 the U17 African Cup of Nations for the second time after it staged the event in 2013. Head of the African Football Confederation (CAF), Ahmad Ahmad, officially handed his organization’s flag to Morocco on Sunday, after he received it from the head of the Tanzanian football association, Wallace Karia. The […]
Morocco is undertaking negotiations to buy two intelligence, surveillance and reconnaissance Beechcraft King Air 350 in a bid to boost its navy, Maghreb Confidential reported. The completion of the transaction will bring the number of Beechcraft King Air 350 aircrafts operated by Morocco’s Royal Navy to four. The plane is equipped for surveillance, target acquisition […]
