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December 5, 2019

European Development Bank to Open New Office in Morocco

Rabat – The European Bank for Reconstruction and Development (EBRD) is set to open their third Moroccan office in the city of Agadir on Monday, December 9. The Agadir office is set to cover the regions of Sous-Massa and Marrakech-Safi, two key economic areas in Morocco.

Souss"...

December 3, 2019

European Bank for Reconstruction and Development opens third office in Morocco

The European Bank for Reconstruction and Development (EBRD) is strengthening its outreach in Morocco with the opening of a third office, in the city of Agadir, which will cover the regions of Souss-Massa and Marrakech-Safi, two important economic regions in Morocco which contribute 16.5"...

December 2, 2019

Stanbic, Ecobank, StanChart Lead in Capital Importation

The National Bureau of Statistics (NBS) has disclosed that Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites for investment deals.

"...

December 1, 2019

Eurocompliance Says Bank al-Maghrib Meets Anti-Corruption Standard

Rabat – Morocco’s central bank, Bank al-Maghrib, has for the first time met the standard to earn ISO 37001 certification from the International Organization for Standardization (ISO) for its Anti-Corruption Management System (SMAC) after an audit by Eurocompliance, Moroccan"...

November 28, 2019

EBRD, Bank Al-Maghrib deepens money, derivatives and capital markets in Morocco

Bank Al-Maghrib and the European Bank for Reconstruction and Development (EBRD) organised a workshop on London Inter-bank Offered Rate (LIBOR) reform and the launch of a new money market benchmark in Morocco.

During"...

November 28, 2019

Attijariwafa Bank Signs MoU with African Guarantee Fund in Favor of Women Entrepreneur

Kigali - A Memorandum of Understanding (MoU) between the Attijariwafa bank group and the African Guarantee Fund group, a major fund in Africa, has been signed on the sidelines of the Global Gender Summit, which takes place in Kigali on 24-27 Nov. 2019.

This"...

November 26, 2019

Rwanda bank moves to spur growth in private sector

Rwanda’s private sector is likely to benefit from relatively cheaper credit, after the central bank maintained its repo rate at five per cent, a move that is expected to further stimulate banks’ lending to the private sector.

Analysts"...

November 19, 2019

Emir of Qatar Receives Bank al-Maghrib Governor Abdellatif Jouahri

Rabat – Emir of Qatar Tamim bin Hamad al-Thani received on Monday, November 18, the governor of Morocco’s central bank, theBank Al Maghrib, Abdellatif Jouahri.

Jouahri is leading a Moroccan delegation"...

November 14, 2019

Treasury Bills Rates Drop to Three-year Low

The Nigerian Treasury Bills (NTBs) rates have dropped to single-digit at the end of yesterday’s primary market auction (PMA). Analysts said the last time NTB rates were at the current position was three years ago.

The"...

November 14, 2019

AfDB Group Becomes AFC Shareholder

The Africa Finance Corporation (AFC) yesterday announced that the African Development Bank Group (AfDB) has invested $50 million in the equity of the corporation.

AfDB’s investment in the AFC would enable"...

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