Morocco–EU trade reaches historic peak in 2024
Trade between Morocco and the European Union soared to a record-breaking $65 billion in 2024, according to an announcement from
Societe Generale, France's third-largest bank, has successfully sold its Mauritania branch to a consortium led by Enko Capital, the company announced Friday. The deal, terms undisclosed, follows a failed sale to Coris Bank. Since CEO Slawomir Krupa's 2023 appointment, SocGen has scaled back its African presence, mirroring competitors like BNP Paribas and Barclays. However, it maintains operations in Algeria, Tunisia, Ivory Coast, Senegal, Cameroon, and Ghana.
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