News

Casablanca, March 11, 2022 - The Attijariwafa bank group and the Moroccan Agency for Energy Efficiency (AMEE) have signed a Memorandum of Understanding (MoU) which concerns the structuring of programs for energy efficiency and the green economy.

IBOR Transition: challenges and impacts in Morocco and internationally

After a decline of -1.0% in H1-21, Label Vie recorded an important recovery in its activity in H2-21 of +14.2%. In this context, the Group's consolidated revenue rose by +6.8% in 2021 to MAD 11,758 Mn.

In a context marked by a growth of the Moroccan economy of +4.9% in Q4-21 against a decline of -6.0% during the same quarter of the previous year, listed companies continue to improve their results .

European and Chinese automotive companies are finding countries like Morocco and Egypt as the places to go for growth.

While the central issue of several countries in the region is the sustainability of a sustained growth, Côte d'Ivoire presents other challenges.

Like the rest of the world, Morocco faced hardship last year as the COVID-19 pandemic triggered a global health and economic crisis.    

In Tunisia, the Finance Act Draft (FAD 2022) was unveiled1 in a difficult economic context. Indeed, Tunisia faces real budgetary constraints which raise a certain number of questions about the actions to be taken to start, on a better basis, this new fiscal year.

In recent years, the questioning of the reliability of IBOR rates has triggered a reform that will lead to the gradual disappearance of these interest reference rates and their replacement by other benchmark indices.