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State fund CDG estimates coronavirus toll on economy at $5.4 bln
State fund CDG said that the losses due to coronavirus could amount to $5.4 billion (54 billion dirhams) with Morocco expecting a recession in 2020. The study was based on the hypothesis of a four-month-long crisis and a gradual resumption of activity by July 2020. It expects agricultural production to contract by 6% with only […]
Casablanca stock exchange launches charm offensive to encourage listing
The Casablanca stock exchange has launched a campaign to encourage SMEs to issue initial public offerings to enable them to access equity funding in an economy dominated by bank financing. Head of the Casablanca stock exchange highlighted to the media the attractiveness of the bourse where he said there is a high demand from investors. […]
African Diplomats visit Dakhla to witness Development Momentum in Region
A delegation of diplomats from English-speaking African countries visited on Monday the Sahara city of Dakhla, where they were briefed on the development momentum underway in the Dakhla-Oued Eddahab region in several strategic sectors. The visit, marked by meetings with local officials, took place as part of the International Diplomatic Training Cycle organized for diplomats […]



