Macron

IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]

Morocco Deplores France’s Lack of Communication on Carcassone Hostage-taker

Head of Morocco’s counter-terrorism agency (BCIJ) Abdelhak Khiame wondered why France did not flag up Radouane Lakdim before he moved into action, wreaking havoc on March 23 and taking lives in a supermarket in Trèbes and Carcassonne in southern France. The chief of Morocco’s FBI deplored the lack of communication by French intelligence authorities on […]

Morocco’s fertilizers and car exports hit $20 bln

Morocco’s exports of phosphates and fertilizers as well as the sales of its automotive sector hit a record 20 billion dollars that helped mitigate a surging trade deficit due to higher energy, food and equipment prices. Morocco’s exports of phosphates and derivatives rose 54.8% to 10.3 billion dollars, while the automotive sector’s imports rose 35% […]