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Keywords: Investment
The African Development Bank (AfDB) has allocated €246 million to fund the construction of the strategic Guercif-Nador highway in Morocco. This initiative is poised to revolutionize transportation infrastructure and catalyze economic growth. The funding package comprises €200 million from......
For millennia, gold has entranced humanity, captivating ancient Egyptian pharaohs and modern central bankers alike. This precious metal has consistently proven itself as a reliable store of value, particularly during times of crisis when paper currencies falter. In the face of global economic uncertainty,......
Moroccan phosphates giant, OCP S.A., has successfully concluded a 5 billion Moroccan dirham (DH) perpetual subordinated bond offering through a public announcement, as stated by the company. The bond offering, structured into two tranches featuring distinct interest rates and review periods, garnered......
Irish low-cost carrier Ryanair has revealed ambitious expansion plans for Morocco, solidifying its commitment to the country by offering more than 1,100 weekly flights across 175 routes this summer, including the addition of 35 new routes. As part of a substantial $1.4 billion investment, Ryanair is......
Société Générale Maroc adds new accolades to its list of achievements, as the Group is honored four times by the internationally renowned platform, "EMEA Finance Magazine," at the 2023 African Banking Awards. The bank secures the titles of "Best Foreign Bank"......
Morocco Achieves a Water Milestone with EBRD's Support The Guelmim-Oued Noun region in Morocco is poised for a significant transformation as the European Bank for Reconstruction and Development (EBRD) injects MAD 130 million (€12 million) into crucial upgrades for its drinking water supply......