Sa Majesté le Roi Mohammed VI visite l’ancienne médina d’E

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 […]

Morocco eases financial burden on enterprises to mitigate Covid-19 repercussions

Morocco will exempt enterprises from paying their contribution to the pension fund CNSS and will grant them a debt moratorium as part of measures to offset economic impact of the coronavirus, the Moroccan coronavirus economic monitoring committee said in a statement. King Mohammed VI instructed the government on Sunday to create a $1 billion fund […]

Morocco launches pre-qualification tender for Noor Midelt III solar plant

Morocco announced a tender for the development of Noor Midelt III, a 400MW solar plant part of a complex that is designed to be the largest in the world. Once completed the Noor Midelt project would have 1600 MW installed capacity, conducive to Morocco’s goals to generate 52% of its electricity from renewable sources. Morocco […]