Morocco’s economy to grow 7.2% in third quarter 2021

Morocco’s economic growth with slow to 7.2% in the third quarter this year after 12.6% growth in the second quarter, Morocco’s high commission for planning said.   The growth rate is expected to be achieved on the back of a 19% rise in agricultural output and will help improve the overall growth rate in the […]

Tunisia: U.S. reports express deep concern over democracy erosion & crackdown on opposition leaders ahead of presidential vote

The Atlantic Council, the U.S. State Department and Amnesty International have issued scathing reports on the deteriorating human rights situation in Tunisia and sounded the alarm over the escalating repression and prosecution of opposition leaders ahead of upcoming presidential election scheduled for October. In its analysis on the worsening political crisis in Tunisia, the American […]

Morocco’s green transition gets €25 Mln funding from EBRD, GCF & EU

The European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the European Union, provides €25 million to Banque Marocaine pour le Commerce et l’Industrie (BMCI) to support Morocco’s green transition. The financing, of which a total of €23.75 million will be provided by the EBRD and €1.25 million by […]