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EIB supports Morocco’s technopoles expansion with €115 Mln funding

The European Investment Bank has provided €115 Mln loan to MEDZ, subsidiary of CDG Group, for the expansion and modernization of ten technopoles located in five regions of Morocco. The funding supports the country’s advanced regionalization policy and its New Development Model and is in line the EU’s Mediterranean Agenda on resilience and climate transition, […]

AfDB approves $1.5 million emergency grant to curb desert locusts ravaging East & Horn of Africa

The African Development Bank (AfDB) last week approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts that are threatening livelihoods and food security. The nine beneficiary countries are Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, Uganda and […]

King Mohammed VI Calls for facilitating foreign investments

King Mohammed VI urged the government to carry out regulatory reforms and opening up some economic sectors in order to attract more foreign investments. “Openness is a catalyst for investment and for the transfer of foreign expertise and know-how,” said the king in a speech on the twentieth anniversary of the Throne Day. He said […]