World Bank

Doing Business Report Shows Two Speed North Africa

The long awaited 2018 Doing Business report has vindicated Morocco as a shining model in terms of ease of implementing investments in North Africa and controverted Algeria due to its unpropitious business climate. The report invalidates the unfounded statements uttered by Algeria’s foreign minister, Abdelkader Messahel, who claimed that his country ranks first at the […]

EBRD supports Morocco’s packaging industry with €15 Mln funding

The European Bank for Reconstruction and Development (EBRD) is supporting Morocco’s packaging industry with a €15 million loan provided to Multisac SA, local manufacturer of woven polypropylene bags in Morocco. The announcement of the funding coincides with the visit of EBRD chief Renaud Bassu is paying to Morocco. The €15 million loan will support the […]

Anti-Human Trafficking: U.S. Supports Morocco’s Efforts with $2.5 Mln Grant

The United States is supporting Morocco’s efforts to prevent and combat human trafficking with a $2.5 Million donation aimed at reinforcing the detection, identification, protection, return and rehabilitation of victims of this serious crime. The announcement was made Friday by U.S. Ambassador to Morocco Puneet Talwar in presence of Director of Moroccan National Commission for […]