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Finance & Economy

The ANP plans to borrow MAD 1 billion

The National Ports Agency (ANP) will borrow 1 billion dirhams. The operation, targeted by the Moroccan Capital Market Authority (AMMC), is divided into two tranches. The first (700 million dirhams) will have a 15-year maturity with a fixed rate, while the other (300 million dirhams) with an annual revisable rate …

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Africa Cup: Continental official sponsor until 2023

A five-year deal has been signed between Continental and the African Football Confederation (CAF) to sponsor the tournament, including the 2019 edition to be held in Egypt. Under a five-year agreement signed by the African Football Confederation (CAF), Continental, an international tire manufacturer, will sponsor the African Cup of Nations …

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Piovan settles in Morocco

Piovan Group, an Italian company specializing in the supply of auxiliary equipment, engineering solutions and services for the plastics industry, is moving to Morocco. The company announces the opening of a commercial branch in the Kingdom, its third country of presence in Africa after Algeria and South Africa. The objective …

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OECD still downgrades its forecasts

The Organization for Economic Co-operation and Development (OECD) has called on states to avoid trade conflicts in a context marked by escalating trade tensions between the United States and China. On the sidelines of its annual meeting that opens Wednesday in Paris, the Organization called on states to avoid “emergency” …

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