Category: Finance

Libyan & Tunisian Central Banks sign cooperation agreement

November 16, 2021

The Central Bank of Libya (CBL) and its Tunisian counterpart BCT have inked a Memorandum of Understanding (MoU) for cooperation in many areas including fintech, ... Read More

Morocco: 2022 Appropriation Bill adopted by House of Representatives

November 15, 2021

The House of Representatives adopted, Saturday evening in a plenary session, by a majority the entire Appropriation Bill (PLF) for the year 2022.   The ... Read More

CIMAF gets €161.5m loan from IFC, EAIF & Proparco to expand operation in Mali, Senegal & Ghana

November 12, 2021

Ciments de l’Afrique (CIMAF) a subsidiary of Morocco-based Omnium des Industries et de la Promotion (OIP) has landed a €161.5-million loan from the International Financial ... Read More

Morocco’s development policies & reforms, an example in MENA region – WB official

November 11, 2021

Vice president for the MENA region at the World Bank (WB), Ferid Belhaj, said on Wednesday in Rabat that Morocco’s development policies and reforms are ... Read More

Emmerson raises $46.75 Mln for development of potash project in Morocco

November 10, 2021

Emmerson mining company announced this Wednesday it secured an investment of $46.75 million from a group of investors for the development of the Khemisset Potash ... Read More

Morocco: Railway projects to benefit from over 7.7 billion DH investment for 2022-2024 period

November 9, 2021

The forecasts of the investment program of the Moroccan National Railways Office (ONCF) for the period 2022-2024 amount to more than 7.72 billion DH, according ... Read More

EBRD forecast: Morocco’s economy to grow 5% in 2021 & 3% in 2022

November 5, 2021

The European Bank for Reconstruction and Development expects Morocco’s economy to rebound by 5 per cent in 2021, before moderating to a growth of 3.2 ... Read More

US donates Morocco 850,590 Pfizer vaccine doses, $2 million assistance to support its highly successful response to pandemic

October 31, 2021

The United States delivered Saturday, October 30, some 850,590 doses of the Pfizer anti-covid-19 vaccine to Morocco as well as a $2 million donation provided ... Read More

Libya: PM Abdul-Hamid Dbeibah accuses Tunisia, some European countries for stealing Libyan money

October 29, 2021

Libya’s Premier Abdul-Hamid Dbeibah has charged several countries including neighboring Tunisia, Belgium and Malta of stealing and seizing Libya’s money and assets, Libya Observer reports. ... Read More

AfDB Lends Morocco € 114 Mln for Inclusive & Sustainable Farming

October 28, 2021

The African Development Bank has approved a € 114 million loan to support Morocco’s inclusive and sustainable agriculture in rural areas within the frame of ... Read More