Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectivel...
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...
Morocco’s Bank Crédit Agricole gets $20 Mln Loan from EBRD to support exporters & importers
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a $20 million loan to the Moroccan bank, “Crédit Agricole du Maroc”...
Morocco to make two bond sales in 2020 and 2021
Morocco will launch two international bonds in 2020 and 2021 to lift its foreign exchange reserves and help the economy offset the fall in foreign cur...
Morocco’s Central Bank forecasts 6.3% drop in Country’s GDP in 2020 & 4.7 % growth in 2021
Morocco’s Gross Domestic Product (GDP) is expected to fall by 6.3 pc this year before recovering quickly and rebounding by 4.7 pc in 2021, said on Tue...
EIB lends Morocco’s Credit Agricole €200 mln
The European Investment Bank offered a €200 million loan to Morocco’s Credit Agricole to support funding for agricultural f projects. The loan aims to...
Corruption costs Moroccan economy up to 7% of GDP annually – Finance Minister
It is hard to exactly calculate the impact of corruption on the Moroccan economy which Finance Minister Mohamed Benchaaboun said it rips the country o...
OECD recommends tax reforms for sustainable financing of health in Morocco
At a time when Morocco continues to rely on its health system to cope with the coronavirus pandemic, two OECD tax experts have proposed tax reforms to...
EBRD supports three Moroccan enterprises with €300 Million loans
The European Bank for Reconstruction and Development (EBRD) has mobilized €300 million worth of loans for the benefit of three public enterprises in M...
EIB releases €100 million in emergency funding to help Morocco combat COVID-19
The European Investment Bank has released a first tranche of €100 million out of a total emergency funding of €200 million destined to support Morocco...