Casablanca-Settat region raises 1 billion dirhams on Moroccan financial market

via Le Matin2 hours ago2 min read

The Casablanca-Settat Region has secured 1 billion dirhams through a bond issue on the Moroccan financial market, marking a significant step in its financing strategy. This operation, formalized on Thursday, April 16, 2026, is considered historic for Moroccan local authorities accessing the capital market. It aims to diversify funding sources and utilize innovative financial instruments to support territorial development, aligning with national advanced regionalization guidelines. The bond issue attracted considerable interest from institutional investors, including major Moroccan financial market players such as Caisse de Dépôt et de Gestion CDG, Banque Centrale Populaire BCP, BMCE Capital Gestion, CIH Capital Management, Wafa Gestion, Marogest, and Upline Capital Gestion. The European Bank for Reconstruction and Development EBRD also participated as a leading international investor, committing 400 million dirhams and providing 2 million euros in technical assistance. This support will help the Region develop and implement a "Green Region" action plan, focusing on digital transformation and improving financial and operational performance. The funds raised will finance structuring projects outlined in the 2022-2027 Regional Development Plan and facilitate Casablanca-Settat's inclusion in the EBRD's "Green Cities" program, which funds sustainable and innovative urban solutions. This operation signals strong market confidence in the Region, following significant efforts to impr

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🇲🇦Le Matin·2 hours ago

EU supports Morocco's autonomy plan for the Sahara

During her working visit to Morocco, Ms. Kallas reiterated the European Union's position, urging all parties to engage in discussions without preconditions, based on Morocco's proposed autonomy plan to achieve a definitive political solution. This stance, endorsed by all 27 EU member states, was documented in a joint communiqué issued after her meeting with Nasser Bourita, Minister of Foreign Affairs, African Cooperation, and Moroccans Residing Abroad. The EU welcomed Morocco's willingness to clarify how autonomy under Moroccan sovereignty would be implemented. Furthermore, the EU commended the adoption of United Nations Security Council Resolution 2797 2025, which fully supports the efforts of the Secretary-General and his Personal Envoy in facilitating negotiations, building on Morocco's autonomy plan. This EU position is particularly significant, serving as a strong signal ahead of an upcoming UN Security Council meeting. Beyond the EU as a bloc, several European countries have individually expressed strong support for Morocco's sovereignty over the Sahara and its proposed autonomy plan. This international momentum, initiated by His Majesty King Mohammed VI, reflects a consensus among the 27 EU member states for a final resolution of this regional dispute, based on autonomy under Moroccan sovereignty.

Casablanca-Settat region raises 1 billion dirhams on Moroccan financial market

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