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IMF and WB urge Algeria diversification
Algeria has been urged to diversify its economy which is heavily based on revenues generated from oil exports. This remark was made during the periodic assessments of the Algerian economy in the current year which has just a few days to go. The International Monetary Fund (IMF) and World Bank (WB) did show their satisfaction […]
IFC to help Crédit du Maroc Bank facilitate development of SMEs, women’s entrepreneurship, green projects
The International Finance Corporation (IFC) will help Crédit du Maroc Bank facilitate the development of small and medium-sized enterprises (SMEs), women’s entrepreneurship, and green projects with a $100 million financing package. This agreement is in line with IFC’s strategy in Morocco, which aims to support private sector-led economic growth and job creation by promoting the […]
Spain closes its airspace to Morocco
Spain has excluded Morocco from a list of extra-EU countries that can enter its airspace for commercial and passenger traffic. Spanish authorities evoked reciprocity but observers see the move as a retaliatory measure against Morocco’s sovereign measure to close borders with the two enclaves of Ceuta and Melilla during the pandemic. Spain was one of […]



