Congolese businessman & politician Moise Katumbi

Tax Haven: EU removes Tunisia from blacklist of non-cooperative jurisdictions

The European Union Tuesday took away Tunisia from its backlist of non-cooperative jurisdictions also branded “tax haven countries” after the North Africa country implemented demanded reforms that have improved tax policies. But it was not clear if Tunisia was put on the Grey list like Morocco. The grey list comprises countries that are given time […]

LafargeHolcim unveils new cement plant in Taroudant

Cement producer LafargeHolcim, listed with the Casablanca stock exchange, announced the completion of its new plant in Taroudant worth $330 mln with an annual capacity of 1.6 million tons.   The new factory, which is set to start production in July, will supply cement for construction and infrastructure projects in the region of Souss and […]

WB Loans Morocco $200 mln to Spur Small Agri-food Industries

The World Bank and Morocco signed a loan agreement worth $200 million in support of the second pillar of the Green Morocco Plan, particularly in the areas of promoting citrus and olive oil industries. The loan, signed by the World Bank and the Ministry of Economy and Finance, targets small and medium sized producers of […]