EU Commissioner for Economy Paolo Gentiloni with Moroccan economy minister Benchaâboune

EBRD: Antoine Sallé de Chou, New Country Director for Morocco

The European Bank for Reconstruction and Development (EBRD) has appointed French national Antoine Sallé de Chou new Head for its office in Morocco. Based in Casablanca, Mr. Sallé de Chou replaces Marie-Alexandra Veilleux-Laborie. He will be responsible for the EBRD’s investments and operations in the country and report to Heike Harmgart, the Bank’s Managing Director […]

EU to invest €1.6 billion in Morocco as part of its Global Gateway strategy

The European Union will invest €1.6 billion in Morocco to promote the green and digital transition. This investment is part of the new European strategy, called Global Gateway, launched last December. The European Union will invest €1.6 billion (more than 17 billion dirhams) in Morocco. The announcement was made this Wednesday, February 9, 2022, by […]

Libya gives Egypt billions interest free loan

According to an official at the Egyptian finance ministry, Libya will be giving Cairo a loan to ease the pressure on the government. It will be offering a $2 billion five-year loan after an agreement was signed to formalize the deal. The loan will be interest free for Egypt with a 3year grace period. The […]