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IFC accords $150m loan to Olam to boost palm oil production in Gabon
The World Bank’s private sector financing arm, International Finance Corporation (IFC), has provided a credit package of $150 to Olam Palm Gabon, the subsidiary of Singapore-based Olam International, to boost the company’s production of palm oil in the central African country. The loan, Gabon Review reports, will be used in the construction of a biodiesel […]
Morocco to spend $220 mln in aid to pandemic hit tourism sector
Morocco has approved a package of 2 billion dirhams ($220 million) to help the tourism sector manage the fallout of the pandemic, the tourism ministry said. The emergency aid was approved in a meeting attended by the head of the government, tourism minister, and finance minister. The package aims to mitigate the impact of a […]
Morocco’s Ambassador in Paris presents her credentials to French President
Mrs Samira Sitail presented, on Thursday at a ceremony at the Elysée Palace, her credentials to President Emmanuel Macron, as Morocco’s Plenipotentiary and Extraordinary Ambassador to France. Mrs Sitail was appointed to the position by King Mohammed VI on November 30, 2023. The French Ambassador to Morocco had presented his credentials to King Mohammed VI […]



