Blog

14:30 29
Nov 2021

News: Headlines from the Moroccan Press: Monday, November 29, 2021

AUJOURD'HUI LE MAROCCouncilors vote on Finance Bill this Tuesday: Final stretch for the 2022 Finance Bill (PLF) in the second chamber. The moment of truth is approaching for the first budget of the government's mandate. The House of Councillors has just set this Monday at noon as the last deadline f...read more

14:30 29
Nov 2021

The Moroccan Economy in Brief: Monday, November 29, 2021

Maghrebail: Slight increase in turnover at the end of September: Maghrebail's turnover stood at nearly MAD 2.69 billion at the end of last September, recording a 2.71% year-on-year increase. For the third quarter alone, the turnover reached MAD 899 million, against MAD 919 million in Q3-2020, said t...read more

14:31 29
Nov 2021

The Pan-African Economy in Brief: Monday, November 29, 2021

Nigeria:Zenith Energy to tap resources in OML 141 permit as well:On November 26, Canadian oil and gas producer Zenith Energy announced that it had signed an option agreement with Nigeria's Noble Hill-Network Limited (NHNL) to purchase 42,000,000 NHNL common shares. This represents a 42% stake in the...read more

12:14 25
Nov 2021

News: Headlines from the Moroccan Press: Thursday, November 25, 2021

AUJOURD'HUI LE MAROCTeacher recruitment: Benmoussa's arguments: Chakib Benmoussa reassures on the motivations of the latest decisions. During a meeting with the unions of the national education sector, the Minister was persuasive. The preselection for the recruitment competition for executives of Re...read more

12:15 25
Nov 2021

The Moroccan Economy in Brief: Thursday, November 25, 2021

The Casablanca Stock Exchange is close to balance at the opening: The Casablanca Stock Exchange was close to balance Wednesday at the opening, its main index, the Masi, taking 0.02% to 13,309.90 points (pts). The Morocco Stock Index (MSI20), an index of the 20 most liquid stocks, advanced 0.05% to 1...read more

12:15 25
Nov 2021

The Pan-African Economy in Brief: Thursday, November 25, 2021

Kenya:Kenya Airways and South African Airways consolidate their partnership for the creation of a pan-African airline:Kenya Airways (KQ) and South African Airways (SAA) on Wednesday, November 24, signed a new strategic partnership framework that enshrines some progress in their plans to create a pan...read more

14:58 24
Nov 2021

News: Headlines from the Moroccan Press: Wednesday, November 24, 2021

AUJOURD'HUI LE MAROCThe CGEM and Franck Riester for a smoother process: The Moroccan employers' association is calling on the French government to address the difficulties encountered by Moroccan companies, particularly transporters, in terms of mobility between the two countries. The tightening of ...read more

14:58 24
Nov 2021

The Moroccan Economy in Brief: Wednesday, November 24, 2021

CFG: Increase in consolidated net profit at the end of September: CFG closed the first nine months of the year on positive notes. The bank achieved a net banking income (NBI) of MAD 265 million, up 37% year-on-year. In the third quarter alone, the NBI reached MAD 104 million against MAD 62 million a...read more

14:59 24
Nov 2021

The Pan-African Economy in Brief: Wednesday, November 24, 2021

Madagascar :The State and NEHO sign a contract for the construction of the 192 MW Sahofika hydroelectric power plant:NEHO benefits from the international experience and complementary know-how of its partners THEMIS, EIFFAGE and ERANOVE, respectively in the fields of financing, construction and opera...read more