Thales

EBRD Lends Moroccan Package Company Multisac €4.3 Mln

The European Bank for Reconstruction and Development (EBRD) has announced a €4.3 million loan to Moroccan packaging company Multisac SA, which specializes in the production of woven polypropylene bags. It is the first local company benefitting from EBRD’s and EU’s Trade and Competitiveness Program, which aims to improve value chains and make businesses more competitive […]

Lockheed Martin interested in developing Morocco’s defense industry cluster

U.S. defense manufacturer Lockheed Martin has shown interest in Morocco’s investment opportunities offered in the defense industry which has attracted several companies including India’s Tata Advanced Systems, Turkish Baykar, Bluebird Company… A senior Lockheed Martin delegation led by Brig. Gen. Joseph Rank (Ret.), CEO for Africa & Saudi Arabia, visited lately Rabat and Casablanca to […]

French AFD contributes €134.7 million to Morocco’s education system reform

The French Development Agency (AFD) will contribute €134.7 million to the public policy budget and the support program of the 2022-2026 roadmap for the reform of Morocco’s national education system. The related loan protocol and financing agreement were signed in Rabat this Monday by Minister in charge of the Budget, Fouzi Lekjaa, and the French […]