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Nador West Med: Additional €57 Mln AfDB Financing

The African Development Bank Group has approved an additional financing of €57 million for Morocco to help finance the ongoing construction of the Nador West Med port complex. This financing completes a first funding of nearly €113 million, granted by the Bank in 2015, said AfDB in a press release, published on the sidelines of […]

Morocco/Earthquake: EBRD earmarks €250 Mln for reconstruction

The European Bank for Reconstruction and Development (EBRD) announced Wednesday a €250 million funding for Morocco to help the country to rebuild its economy in the regions of the Atlas Mountains that were hit by the recent earthquake. The Bank says the financial assistance is an initial response package spanning over three years (2023-2025). The […]

King Mohammed VI thanks GCC’sleaders for their strong support to Moroccanness of Sahara

King Mohammed VI has sent messages of thanks and gratitude to the heads of state of the Gulf Cooperation Council (GCC) for their clear support for the Moroccan identity of the Sahara. This came in separate messages to King Salman Ibn Abdulaziz Al-Saud of Saudi Arabia; the King of Bahrain Hamad Ben Issa Al Khalifa; […]