welcome to Morocco

EBRD to fund OCP’s desalination plan with 200 mln euros

The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]

Spanish Foreign Min loses job following gov’t reshuffle

Spanish Prime Minister Pedro Sanchez excluded foreign minister Arancha Gonzalez Laya following a government reshuffle that left key portfolios intact. Jose Manuel Albares was named new foreign minister, while Isabel Rodriguez will become the new government spokesperson and territories minister. Laya was rebuked for triggering and mismanaging a crisis with Morocco after she was found […]

Moroccans pray for rain amid worst drought in decades

Moroccans prayed for rain after the Friday prayer as the country faces its worst drought since 1981. Late and unevenly distributed rainfall has put a strain on Moroccan farmers who are bracing for a tough year that required the government to intervene. The government has unveiled two weeks ago a plan to mitigate drought impact […]