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IFC injects $37 Mln in Morocco’s BLS Logistics Company

The International Finance Corporation has announced a $37 million investment in Morocco’s logistics service provider BLS to support the company’s growth strategy and strengthen Morocco’s position as a regional logistics and trade hub. The IFC funding will help BLS finance its expansion plans, which include creating an estimated 500 new jobs by 2030 through the […]

Morocco Calls for South-South Cooperation in Excellence Centers for Climate Change

Morocco’s foreign minister Salaheddine Mezouar called for a genuine south-south cooperation in fostering the input of excellence centers about climate change capacity building. “We need to acquire the knowledge of the north and foster south-south cooperation” said Mezouar at a meeting on the Moroccan initiative to reinforce the capacities of excellence centers and Think Tanks […]

EU loans Tunisia €200m for SMEs financing

Tunisia has ratified a loan agreement with the European Union for €200 million to be tapped by the country’s Small and Medium Enterprises (SMEs). The deal for the credit line which includes €50 million in form of grant, was signed back in June last year and covers the 2021-2023 period. The financing aims to boost […]