Ethiopian PM abiy-ahmed

EIB releases €100 million in emergency funding to help Morocco combat COVID-19

The European Investment Bank has released a first tranche of €100 million out of a total emergency funding of €200 million destined to support Morocco’s efforts against the COVID-19 virus crisis. This is the first EIB financing in the EU’s Mediterranean neighborhood to help national authorities fight the pandemic, the bank said in a press […]

Belgian VM Steel, Moroccan K-3S & T companies set up joint entity

VM Steel, a Belgian stock-listed exporter of a wide range of steel products has launched, in partnership with Moroccan K-3S & T, a subsidiary, VM Steel Maroc, in Morocco from where it aims to conquer the African continent. The subsidiary is the first international branch of the Belgian steel giant which is thus gaining foothold […]

Morocco loses 17,000 hectares of forests annually- report

Morocco loses at least 17,000 hectares of forest lands annually due to climate change and human-induced deforestation, the social economic and environmental council (CESE) said in a new report. It recommended tree planting, awareness raising to avert over grazing, use of artificial intelligence and more efforts to counter wildfires. Forests are key to curbing heat-warming […]