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Morocco mandates banks for its Euro bond
Morocco has mandated Barclays, BNP Paribas, JPMorgan, Natixis to hold meetings with investors for its upcoming Euro bond, Bloomberg reported. The bond will help Morocco pay back 1 billion euro bond that will reach maturity next month. Central bank governor Abdelatif Jouahri said Morocco will issue the bond this year in euro without giving […]
Covid-19: Over 2,260 schools in Morocco opt for remote learning
About one million Moroccan students of 2,265 schools have chosen this year remote learning to prevent the spread of the coronavirus, said Education Minister Saïd Amzazi. In his presentation made during latest Govt’s Council meeting, the minister said 118 schools were closed after 413 students, 807 teachers, 129 administrative staff and 79 civil servants tested […]
Remittance costs in Sub-Saharan Africa remain high despite fintech’s effort to slash fees
Sub-Saharan Africa remains the world’s most expensive region when it comes to transferring remittances, with an average cost of transferring money of 8.37% in the second quarter of 2024, according to the World Bank’s most recent report. This cost remains significantly above the global average, despite the increasing importance of remittances in the region’s economies. […]



