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Morocco Gets $450 Mln World Bank Loan for Modernization of Public Sector

The World Bank approved on Wednesday a $450 million loan for Morocco which is deploying sustained efforts to modernize its public sector through the implementation of an ambitious governance reform program . Over the past few years, Morocco has embarked on long-term and wide-ranging reforms to improve the overall performance of the public sector and […]

Paraguay Announces its Decision of Opening Consulate in Moroccan Sahara

The Republic of Paraguay, which recognizes Morocco’s sovereignty over the Sahara, has decided to open soon a Consulate in the Moroccan Saharan territory. The decision was announced by FM of this South America country Rubén Ramírez Lezcano during a meeting held Wednesday in Rabat with Moroccan peer Nasser Bourita. Paraguay’s top diplomat has also reaffirmed […]

EBRD Lends € 40 Mln to Morocco’s Ports Agency for Climate Resilience

The European Bank for Reconstruction and Development (EBRD) provides Moroccan Agence Nationale des Ports (ANP) a €40 million loan to enable the agency enhance climate resilience of ports of the North African Kingdom. The loan is the first to a Moroccan state-owned entity without a sovereign guarantee. It will comprise two tranches: a €15 million […]