Day: December 12, 2022

Morocco’s Green Transition: EBRD Grants €25 Million in Financing to BCP

This is the third line of credit that the EBRD is providing to BCP under the GCF’s Green Economy Finance Facility (GEFF), the London-based institution said on Monday in a statement.   BCP will provide sub-loans to the private sector, particularly to small and medium-sized enterprises (SMEs), to support investments in climate change mitigation and adaptation technologies, the same source


Casablanca Stock Exchange Opens in Good Shape

Casablanca – The Casablanca Stock Exchange opened in good shape on Monday, its main index, the MASI, gaining 0.22% to 11,281.81 points (pts).   The MSI 20, an index of the 20 most liquid stocks, advanced by 0.25% to 913.31 pts, and the Casablanca ESG 10, a thematic index that calculates the price performance of socially responsible companies, took 0.21%


MCA-Compact II: Economy Minister Welcomes Encouraging Implementation Record

Speaking at the 13th session of the Strategic Orientation Board (SOB) of the Millennium Challenge Account-Morocco Agency (MCA-Morocco) devoted to the presentation of the implementation review of the cooperation program “Compact II”, the Minister said that this session is of particular interest given that it is held three months before the end of “Compact II”, recalling that this program was


2022 World Cup: Head of Government Hails Moroccan Squad’s Great Achievement

Head of Government Aziz Akhannouch hailed Morocco’s great achievement in the World Cup, stressing that the Atlas Lions have given a lesson in perseverance by qualifying for the semifinals of the 2022 tournament in Qatar, becoming the first Arab and African team to reach this stage.   Speaking on Monday at the beginning of the monthly session of questions to


Casablanca Stock Exchange Closes Good Monday

MSI 20, an index of the 20 most liquid stocks, also gained 0.25%, to 913.32 pts, and the Casablanca ESG 10, a thematic index that calculates the performance of socially responsible companies, gained 0.62%, to 846.35 pts.   At the international level, the FTSE CSE Morocco 15, composed of the 15 major stocks of the Casablanca Stock Exchange, ranked by


14th African Infrastructure Forum Kicks Off in Rabat

In addition to topics and themes related to transport infrastructure, participants in this two-day event, initiated under the theme “Transport infrastructure: an imperative for an integrated Africa”, will address the issues of road connectivity and challenges related to port, rail and airport infrastructure.   Speaking on this occasion, the Minister of Equipment and Water, Nizar Baraka, said that transport infrastructure


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