Libya militias

IMF approves $1.3 Bln for Morocco under Resilience & Sustainability Facility Arrangement

The International Monetary Fund Executive Board has approved a Resilience and Sustainability Facility (RSF) for Morocco worth about $1.3 billion. The arrangement will support Morocco’s transition to a greener economy and help strengthen its preparedness and resilience against natural disasters, including from climate change, the Washington-based institution pointed out in a release. The 18-months arrangement […]

COVID-19: AfDB supports Morocco with €264Mln Financing

The African Development Bank (AfDB) approved on Wednesday in Abidjan a €264 million financing to Morocco, as part of its COVID-19 response support program (Parc-19). With a rapid deployment of resources, PARC-19 contributes to bolster the Kingdom’s response efforts to the health, economic and social crisis triggered by the Covid-19 epidemic, the AfDB said in […]

Morocco, Spain discuss revival of fixed link project via Gibraltar Strait

The revival of the decades-old project to connect Africa to Europe via the strait of Gibraltar was discussed at a virtual meeting Wednesday between the Moroccan and Spanish Transport Ministers Abdelkader Amara and Jose Luis Abalos.   This meeting, held through video-conference as part of the two countries’ mutual interest in further strengthening their bilateral […]