Morocco | - Part 4

Pan-African Banking Model: Balancing Risk and Reward

LAGOS (Capital Markets in Africa) – Africa-originated banks are increasingly becoming dominated players across the financial landscape in Africa. This is happening at a time when some western-based banks are scaling back their activities in the region. For the most part, these pan-African banks originate from large African economies (based on income) such as Nigeria (United Bank of Africa), South Africa (Standard Bank), Morocco (Attijariwafa Bank) but also small economies such as Togo where Ecobank…

INTO AFRICA February 2017 Edition: Africa’s Economic Path in 2017

Posted on by The Editorial Team

LAGOS, Nigeria, Capital Markets in Africa: Welcome to the 2017’s first edition of INTO AFRICA, the publication with fresh insight into Africa’s emerging capital markets. In this edition, we bring you a selection of insights on Africa’s economic prospects in 2017. Please download by clicking: INTO AFRICA PUBLICATION: FEBRUARY 2017 EDITION. The collapse of oil prices has had far-reaching effects on African economies in 2016. For commodity exporters, the implications are glaring – weaker revenues have…

Morocco Rejoining African Union Seen Shaping Leadership Vote

Posted on by The Editorial Team

RABAT (Capital Markets in Africa) – African heads of state gather in the Ethiopian capital on Monday for a two-day African Union summit in which Morocco’s bid for readmission to the continental bloc will shape the election of a new chairperson. Morocco formally submitted its bid to re-join the body last year, when King Mohammed VI set out his government’s objectives of placing the country “at the center” of Africa’s development. The North African nation withdrew from the African…

Moroccan Central Bank keeps benchmark interest rate unchanged at 2,25%

Posted on by The Editorial Team

RABAT (Capital Markets in Africa) – Morocco’s central bank said on Tuesday economic growth would jump to 4.2 percent next year from an estimated 1.2 percent in 2016 on the back of sharply rising agricultural output. It made the bullish projections as it kept its benchmark interest rate unchanged at 2.25 percent. Abnormally dry weather across North Africa slashed the cereal harvest last season to 3.35 million tonnes, down 70 percent from the previous record…

Sharp Increase in the Activity of Moroccan Companies in Sub-Saharan Africa

Posted on by The Editorial Team

CASABLANCA (Capital Markets in Africa) – Aware of the unprecedented impetus of African economies and of the potential offered by the various national and sub-regional markets, Moroccan and French companies are demonstrating new ambitions in Africa, which are expressed in their development strategies on the continent. According to the third edition of BearingPoint’s International Development Barometer of international firms, “Developing in Africa: comparisons of Moroccan and French companies”, which is produced in conjunction with the…

Nigeria- Morocco’s Cooperation Carries Immense Economic Prospects for West Africa

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – The historical visit of Morocco’s Monarch to Nigeria highlighted the significance of the discussion between the two countries surrounding the construction of a gigantic pipeline, dubbed the Trans-African Pipeline. This joint effort to establish a strong economic collaboration paves the way for an excellent opportunity to make up for lost time to achieve the regional integration that is critical to addressing the real needs of Africans. The Trans-African Pipeline…

Morocco’s economy is diversified and resilient, IMF Says

Posted on by The Editorial Team

CASABLANCA (Capital Markets in Africa) – An International Monetary Fund (IMF) staff team led by Nicolas Blancher visited Morocco from November 16 to December 1, 2016, to conduct discussions with the Moroccan authorities on the 2016 Article IV consultation, as well as on the first review under the Precautionary and Liquidity Line (PLL) arrangement approved in July 2016. The discussions focused on increasing the resilience and the potential of the Moroccan economy. At the conclusion…

« 1 2 3 4 5 6 … 12 »