The European Bank for Reconstruction (EBRD) is supporting Morocco’s financial system by launching a capital markets e-learning program in association with Intuition, a digital financial learning provider. The EBRD initiative offers participants the opportunity to update their capital markets knowledge and skills.
The program was launched in cooperation with the Moroccan Ministry of Economy and Finance, the Moroccan Capital Market Authority (AMMC) and the Casablanca Stock Exchange (CSE). Financial-sector organizations in Morocco can find details on joining the program here.
Morocco already has a fairly well-developed legal and regulatory framework and infrastructure for capital markets. However, the Covid-19 pandemic has exposed a need to upgrade skills in risk management and pricing. It has also highlighted digital learning as a solution that can develop the knowledge of a large number of people in their own time, at their own pace.
Participants from partner organizations will gain access to a wide range of course content in French and English that will enhance their capital markets and risk management skills. This will enable them to make a significant contribution to the development of Morocco’s financial sector. Those who avail of the service can expect to learn principles and best practices in all aspects of capital markets:
managing and pricing credit risk
raising funds from investors through fixed-income and money markets
understanding and appealing to the institutional investment market
identifying the benefits of derivative financial instruments
exploring the potential of Islamic finance and fintech
recognizing the principles behind environmental, social and governance investments.
Participants’ progress will be tracked on a learning management system and those who complete their designated study modules will receive a certificate of completion. This will place participants in a strong position to pursue local qualifications with accrediting bodies, such as the AMMC. Morocco is a founding member of the EBRD and became an investee economy in 2012. To date, the EBRD has invested more than €3 billion in the country through 78 projects.
This article was written by Pie Kamau and initially published in africabusinesscommunities.com. You can start earning money by becoming our Independent Reporter or Contributor. Contact us at IR@downtownafrica.com
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