rafales

Casablanca Gets €172 Mln WB Loan to Support its Modernization

The World Bank Board has announced a €172 million loan to the Moroccan city of Casablanca, hosting around 12 pc of the North African country’s population and contributing 20 pc of the national GDP. The loan, first of its kind, will enable the city’s managers to solve its growing urban challenges. It will support the […]

EBRD supports Morocco’s automotive sector with €15 Mln funding

The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Moroccan car equipment supplier, Tuyauto, which produces stamped metal components, exhaust systems, and heat shields. The loan is guaranteed by the EU through the European Fund for Sustainable Development Municipal Infrastructure and Industrial Resilience program to support the company’s environmental […]

Morocco-EU Fisheries Agreement, an Instrument of in-depth Cooperation with Morocco

The audit report on the Morocco-EU fisheries accord, commissioned by the European Commission, concluded that the agreement has worked satisfactorily and that 75% of its socio-economic impacts benefit the Moroccan southern regions, and recommended the renewal of this agreement, which will expire in July 2018 as it stands as an instrument of in-depth cooperation with […]