OCP

US State Department should listen to Moroccan victims of sexual assault too

In a flagrant intervention in Morocco’s domestic affairs and the judiciary, the US State Department issued a statement condemning the verdict against a Moroccan journalist sued on sexual assault charges against a member of the LGBTQ community in Morocco. “The United States is disappointed by reports that a court in Morocco has sentenced journalist Soulaiman […]

WB Lends Morocco $55 Mln for Youth Employment in Marrakesh-Safi Region

The World Bank has approved a $55 million loan to Morocco to enable the country develop youth employability programs in the Marrakesh-Safi region within the frame of a new project destined to provide economic support to youths. This project will combine training for lower skilled youth, support potential entrepreneurs and investments in local businesses in […]

Morocco’s BCP mulls stake sale to Asian bank

Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its portfolio to Asia, Bloomberg reported. “The sale, which could be enacted through a cash injection, is the linchpin of a five-year strategy starting in 2021 that the Casablanca-based lender plans […]