Malagasy president launches his anti-coronavirus medicine

Morocco’s OCP, USAID to work together on Africa’s agricultural development

Morocco’s phosphates and fertilizers giant OCP signed a deal with USAID to work on joint projects focusing on African agricultural development. The agreement was signed during a visit to University Mohammed VI Polytechnic by Samantha Power, USAID Administrator. Under the deal, the two parties will work on a project dubbed “Space to Place” that will […]

Post-Covid: Moroccan CIH bank gets €40 Mln EBRD loan to support local businesses

The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €40 million loan package to Moroccan bank “Crédit Immobilier et Hôtelier” to enable it enhance the resilience of local trade and businesses affected by covid-19 pandemic. Under the agreement sealed by the two parties, the EBRD will provide a €20 million loan to […]

Moroccans pray for rain amid worst drought in decades

Moroccans prayed for rain after the Friday prayer as the country faces its worst drought since 1981. Late and unevenly distributed rainfall has put a strain on Moroccan farmers who are bracing for a tough year that required the government to intervene. The government has unveiled two weeks ago a plan to mitigate drought impact […]