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France seeks seven-year sentence for Sarkozy in Libya funding case

French prosecutors have called for a seven-year prison sentence for former President Nicolas Sarkozy in a trial concerning alleged illegal campaign financing linked to the late Libyan leader Muammar Gaddafi. Sarkozy, who served as finance minister before becoming president, is accused of striking a......

Strategic auto financing partnership reshapes Morocco’s secondhand car market

Dar Al Amane, the participatory finance arm of Société Générale Maroc, has partnered with Autocaz, a subsidiary of Auto Hall and a key player in Morocco's secondhand car market, to launch an innovative auto financing solution aligned with Islamic finance principles. This......

Morocco eyes €1 billion euro bond sale amid falling yields

Morocco is preparing to tap international debt markets with a new euro-denominated bond issuance, its first since 2023, to help finance an ambitious infrastructure development program ahead of co-hosting the 2030 FIFA World Cup. Finance Minister Nadia Fettah Alaoui emphasized the country's current......

Credit Agricole Morocco Secures $100M Year-End Bond Issue Amid Strategic Transitions

Credit Agricole of Morocco (CAM) has concluded 2024 with a robust MAD 1 billion ($100 million) subordinated bond issuance, signaling strong market confidence in the institution's financial standing. The December 31 operation was strategically structured into two equal tranches of MAD 500 million......

Morocco Reports 31% Rise in Money Laundering and Terrorism Financing Cases in 2023

New trends include links to sports betting, pyramid schemes, and cryptocurrency transactions. The Moroccan Financial Intelligence Unit (ANRF) has documented a sharp 31.48% increase in cases of money laundering and terrorism financing in 2023, as revealed in its latest annual report. A total of 71 cases......

Marsa Maroc Secures €65 Million to Modernize Key Port Terminals

Marsa Maroc, the Moroccan port operator, has secured €65 million in financing from the European Bank for Reconstruction and Development (EBRD) to modernize key port terminals in Morocco. This strategic partnership underscores Marsa Maroc's commitment to enhancing the country’s port infrastructure,......

AfDB and Bank of Africa Forge EUR 50 Million Deal to Boost African Trade

The African Development Bank (AfDB) and Morocco’s Bank of Africa (BOA) have signed a landmark EUR 50 million risk-sharing agreement in Rabat, aimed at enhancing private sector financing and fostering trade across the African continent. The deal was finalized on the sidelines of the Africa Investment......

Rising University Tuition Fees in England: A New Era for Higher Education Costs

Starting in autumn 2025, university tuition fees in England are set to increase for the first time in eight years, marking a significant shift in the landscape of higher education financing. The government is expected to announce a rise in fees, which have remained capped at £9,250 since 2017.......

Urgent Call for Global Educational Equity Amidst Stagnant Enrollment Rates

UNESCO has issued a clarion call for immediate action to address the vast number of children and youth who remain out of school, despite decades of advancement in global education. A recent report reveals that 251 million children and young people worldwide are still not enrolled in educational institutions,......