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EBRD Supports Morocco’s Green Economy with €20 Mln Loan

The European Bank for Reconstruction & Development (EBRD) has approved a €20 million loan to Moroccan Bank “Crédit du Maroc” to boost green investment of SMEs and contribute to the development of value chains in the North African Kingdom.   The EBRD funds will be extended as sub-loans to local SMEs that plan to invest […]

Morocco’s wood industry paradox: $500 million potential hampered by import dependence

Despite possessing nine million hectares of forest resources, Morocco finds itself trapped in an economic paradox. The nation imports nearly 70% of its timber needs while its forests face unsustainable exploitation, creating urgent challenges at the intersection of environmental protection and industrial development. National production of construction and industrial timber reaches 680,000 cubic meters annually, […]

Morocco to resume maritime passenger traffic on Feb 6

Morocco said it will reopen ports to passenger traffic on Feb 6 after a similar announcement last week that it will resume passenger air traffic on Feb 7. The government has also decided a set of procedures and measures to ensure the proper implementation of its decision to reopen the borders to passenger air and […]