Bank Al-Maghrib, Morocco’s central bank, has issued a commemorative silver coin for the first anniversary of Unity Day. With a face value of 250 dirhams, it bears King Mohammed VI’s effigy on the obverse and the kingdom’s coat of arms on the reverse, La Vie éco reports.
Mohammed VI chaired a working meeting in Rabat on progress at the Nador West Med port and industrial complex and the expansion of Tanger Med. The first Nador West Med terminal is due to become operational in the coming days, while construction of the new Tanger Med 3 port has begun, Le Matin reports.
Morocco’s under-17 women’s team were eliminated from the World Cup after a heavy 6-0 defeat by North Korea in the round of 16 on Wednesday 28 October. The match, played at the Mohammed VI complex in Salé, sent the defending champions into the quarter-finals, reports 3News and Kivu Morning Post.
The Central Bank of Lesotho and the CAFI project have launched campaigns in Maseru to help small businesses access finance by pledging movable assets as collateral. The initiative is intended in particular to help entrepreneurs without land obtain loans and is part of national financial inclusion strategies, The Reporter reports.
Casablanca’s MASI index fell 0.74% to 16,801.43 points in trading on 29 October, with more than 106.67 million dirhams exchanged. Telecommunications dropped 2.86%, while beverages rose 4.75%, Infomediaire reports.