Lagarde with Moroccan officials

EIB: Morocco received €617 Mln in 2020 to support health sector, SMEs & agribusiness

The European investment bank provided Morocco last year with €617 million to support the Kingdom’s response efforts to covid-19, the private sector, SMEs and agricultural sector companies. The European bank has doubled in 2020 its funding to Morocco compared to 2019, said the bank in a press release, noting that it took wide-ranging action under […]

Rabat Denounces Mass Killings of Palestinians by Israeli Army

Morocco has strongly condemned the use of deadly excessive force by Israeli soldiers against unarmed Palestinians in occupied Gaza strip and voiced its total rejection of such acts violating international laws and adding more fuel to the fire in the region. At least 60 Palestinians were killed Monday when Israeli troops fired at demonstrators protesting […]

ONEE, Nareva and GE Vernova sign MOU to decarbonize Laâyoune power plant

Morocco’s National Office of Electricity & Drinking Water (ONEE) has partnered with GE Vernova’s Gas Power business and Nareva to decarbonize Laâyoune Power Plant, which is powered by three GE Vernova 6B heavy-duty gas turbines. The project, first of its kind in Africa, will enable the North African Kingdom to generate carbon-free electricity using green […]