Category: Finance

Casablanca stock market poised to be lever for Morocco’s economic development- international media

March 31, 2022

Morocco’s new development model emphasized the key role that Casablanca stock exchange is poised to play and set goals such as increasing market capitalization and ... Read More

Morocco-EBRD: Launch of Green Economy Financing Facility II

March 31, 2022

The European Bank for Reconstruction and Development (EBRD) launched this week in Casablanca the Green Economy Financing Facility Morocco II (GEFF II), a credit line ... Read More

AfDB pledges over $1 Bln to support Morocco’s climate resilience for inclusive development

March 30, 2022

The African Development Bank has pledged to provide Morocco more than $1 billion over the next two years to enable the North African country cope ... Read More

World Bank extends $180 million loan to Morocco to support sustainable agriculture

March 27, 2022

The Board of Directors of the World Bank approved Saturday a $180 million loan to Morocco to finance investment projects in resilient and sustainable agriculture ... Read More

Morocco’s Casablanca Finance City leads Africa in Global Financial Centres Index 31

March 27, 2022

Morocco’s Casablanca Finance City topped the continental ranking in the financial centres index, holding the 54th spot globally out of 119, according to a recent ... Read More

Morocco’s Central Bank keeps interest rate unchanged due to Global & Domestic Situation

March 24, 2022

Bank Al-Maghrib, Morocco’s central bank, has decided to hold interest rates steady, contrary to the forecasts of many analysts who were expecting a hike of ... Read More

Morocco starts giving subsidies to transport professionals

March 23, 2022

The Moroccan government started distributing subsidies to professionals in the transport sector to help mitigate the impact of the surge in energy prices on the ... Read More

Fitch Ratings downgrades Tunisia to ‘CCC’

March 22, 2022

Fitch Ratings has downgraded Tunisia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC' from 'B-', reported Tunisian News Agency TAP. The agency said that the ... Read More

U.S. Congress includes again Sahara in assistance program to Morocco; reaffirms pre-eminence of Autonomy Plan

March 16, 2022

The U.S. Congress has included again the Sahara into its aid program to Morocco in a move that translates the US administration’s recognition of the ... Read More

Tunisia: AfDB approves €104m to modernize road infrastructure

March 8, 2022

The African Development Bank, AfDB, agreed Monday to allocate to Tunisia a credit line worth 103.95 million euros earmarked for the second phase of a ... Read More