IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]

Russia, Morocco discuss strengthening of relations & topical issues on UN Security Council agenda

Strengthening the friendly relations between Morocco and Russia and topical issues in the Middle East and Africa on the agenda of the UN Security Council were the focus of meetings held on Thursday in Moscow between Morocco’s ambassador to Russia, Lotfi Bouchaara, and two top officials from the Russian Foreign Ministry. Talks between Russia’s Deputy […]

Agriculture: Morocco’s annual dates output to reach 300,000 tons by 2030

Morocco’s annual dates production is expected to increase to 300,000 tons by 2030 up from 149,000 tons recorded in 2021, according to latest data released by Moroccan ministry of agriculture. This goal will be reached thanks to the implementation of the new agricultural strategy Green Generation 2020-2030. Under this ambitious plan, 5 million palm date […]