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Category: Finance
MCA-Morocco: Head of Govt. calls for speeding up implementation of projects
The Head of Government, Aziz Akhannouch, welcomed, Thursday in Rabat, the substantial progress made in the deployment of various projects under the cooperation program "Compact ... Read More
AfDB lends Tunisia €104m to implement road modernization project
The African Development Bank, AfDB, has approved the allocation of €104 million to Tunisia for the implementation of the 2nd phase of the Road Infrastructure ... Read More
Imported inflation behind surge of foodstuff, fuel prices in Morocco – Central Bank
Morocco’s central bank revised upwards its inflation figures for 2021 to 1.4% from 1.2% due in part to a surge in foodstuff and fuel prices ... Read More
Egypt in talks with five financial institutions to finance Aswan-Toshka railway project
Egypt is negotiating with five international financial institutions funding for planned Aswan-Toshka railway project linking the Arab republic to neighboring Sudan, reports say. The European ... Read More
Fitch Rates Morocco ‘BB+’ with a Stable Outlook
Fitch Ratings has assigned Morocco's Long-Term Foreign-Currency Issuer Default Rating (IDR) 'BB+' rating with a stable outlook due to the country’s macroeconomic stability, low inflation, ... Read More
Morocco unrelenting in fighting smuggling from enclaves of Ceuta, Melilla
Morocco's crackdown on all sorts of smuggling and contraband originating from the enclaves of Ceuta and Melilla under Spanish occupation has helped the country gain ... Read More
Moroccan banks start to shake off Covid-19 impact
Moroccan banks have shown resilience to the impact of the Covid-19 crisis maintaining enough provisions to face the surge of the cost of risk due ... Read More
Morocco Gets $450 Mln World Bank Loan for Modernization of Public Sector
The World Bank approved on Wednesday a $450 million loan for Morocco which is deploying sustained efforts to modernize its public sector through the implementation ... Read More
Alstom Invests €10.5 million in Morocco over two years
Alstom is investing €10.5 million in Morocco to build a new production line and develop capability in the country to manufacture on board transformers. It ... Read More
AfDB contributes to sustainability, security of drinking water supply in Morocco with €18 Mln financing
Morocco’s National Office of Electricity and Drinking Water (ONEE) and the African Development Bank (AfDB) signed an additional €18 million financing agreement to ensure the ... Read More