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