Credit du Maroc Bank

UN counter-terrorism agency to open office in Morocco

Morocco’s capital city of Rabat will host the regional hub of the United Nations Office of Counter-Terrorism (UNOCT) destined for counterterrorism training and cooperation in Africa. A host-country agreement and contribution agreement were signed remotely on Tuesday by Moroccan Foreign Minister Nasser Bourita and UN counter terrorism chief Mr. Vladimir Voronkov. The deal mirrors Morocco’s […]

Burkina Faso: Slight cabinet reshuffle after 2 ministers’ resignation under public pressure

Apollinaire Joachimson Kyelem de Tambela, Prime Minister of Burkina Faso replaced Thursday Minister of Industrial Development, Trade, Handicrafts and Small and Medium Enterprises, Donatien Nagalo and Minister of Urban Planning, Land Affairs and Housing, Yacouba Dié, both wanted out of his cabinet. In a decree announcing the reshuffle, the Premier replaced Nagalo with Serge Gnaniodem […]

American CVG to open plant in Morocco, gateway for European market

Morocco has attracted a new American investor, CVG, a global supplier of electrical systems, which will open a facility in Tangier in the third quarter of 2023. In a recent press release, the U.S. group said it will also open another facility in Aldama, Mexico. Both locations are expected to employ approximately 1,000 new employees […]