First Independent Mena Newspaper
Morocco’s BCP bank said on Friday it completed the acquisition of BCI bank in Congo Republic from France’s BPCE after having met all regulatory requirements. Speaking on the sidelines of a ceremony to seal the agreement, BCP CEO Kamal Mokdad said “the acquisition of BCI will help BCP group strengthen its presence in the Economic […]
The second Africa Blockchain Summit (ABS 2019) will be held in Morocco’s capital city of Rabat Nov.21 under the theme: “Blockchain at the service of the financial sector”. The event is organized by Bank Al-Maghrib (Central bank) and Paris Europlace in cooperation with HPS and Talan. It will bring together central banks, monetary and financial […]
Standard Chartered which has recently released its Trade20 Index, identifying the 20 world economies with the greatest potential for commercial growth, has listed three African countries as rising stars of global trade. These are Côte d’Ivoire (top), Kenya (3rd) and Ghana (13th). The study, which examined 66 markets around the world, found that while existing […]
The Caribbean is on the footstep of democratic countries in Latin America that have joined the rank of countries supporting Morocco’s legitimate rights to sovereignty over the Sahara. On the sidelines of the UN General Assembly, another Caribbean country, Antigua and Barbuda added its voice to many countries in the region that support Morocco’s territorial […]
Morocco, a staunch advocate of Africa’s socio-economic development, has called, Wednesday in New York, for the setting up of a fund to support the implementation of sustainable development goals (SDGs) in the continent. The call was launched by Head of the Moroccan government, Saâd Dine El Otmani, at the high-level political forum on sustainable […]
Morocco has reiterated its calls in favor of a sustainable agriculture in Africa in order to meet the increasing food needs of the continent. Speaking at a panel in the UN on food security and SDGs in Africa, Morocco’s Foreign Minister Nasser Bourita said “together we can meet the challenge.” “South-south and tripartite cooperation is […]
Travel and tourism remained one of the key growth drivers of Africa’s economy, contributing 8.5% of the GDP in 2018, equivalent to $194.2 billion. According to the 2019 Jumia Hospitality Report Africa, this growth record placed the continent as the second-fastest growing tourism region in the world, with a growth rate of 5.6% after Asia […]
The European Union has earmarked €80 million to improve the resilience of several African countries to extreme weather hazards, including floods and droughts. Angola, Botswana, Ghana, Tanzania, Zambia are among the recipients of the EU financial support. The program is being implemented in Africa by four partners namely the African Union Commission (AUC), […]
Casablanca Finance City (CFC) and Barcelona Center Financer Europeu (BCFE) have sealed a cooperation agreement to enhance and tap investment opportunities between Spain, Morocco and Africa The deal lays the foundation for a sustainable cooperation that aims to promote investment opportunities between Spain, Morocco, Africa’s gateway. The Moroccan and Spanish financial centers pledge to set […]
The First Kofi Annan Peace and Security Forum was held in Accra, Ghana, this week with the participation of scores of high level delegates, including seven former African Heads of State, and Mohamed Ibn Chambas, Special Representative of the UN Secretary-General and Head of the UN Office for West Africa and Sahel (UNOWAS). The forum, […]