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Irregular Migration Network Dismantled in Tangier

Moroccan law enforcement agents in Tangier have dismantled a human trafficking network Friday and arrested four suspects aged between 24 and 44. A statement from the General Directorate of National Security (DGSN) said that the police arrested three Moroccans involved in human trafficking. The nationality of the fourth suspect is unspecified. Police also arrested 22 […]

Morocco’s BCP Bank Wants to Buy France’s BCPE in Africa

Morocco’s BCP bank started talks with French BCPE bank to buy major stakes in four of its African banks. BCP said in a statement it aims at acquiring BPCE’s controlling stakes in Cameroon, Madagascar, Congo and Tunisia. The French bank owns 68.5% of Banque Internationale du Cameroun pour l’Épargne et le Crédit (BICEC); 71% of […]

Morocco Wants to Promote Green Banking in Africa

Morocco, host country of COP22 in Marrakech November 7-18 and gate for investments in Africa, is busy working to encourage international financial institutions to support green banking markets in African continent. BMCE Bank of Africa has teamed with the European Bank for Reconstruction and Development (EBRD) and organized on Wednesday a conference in Casablanca to […]