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King Mohammed VI Leads Fight against Corruption

King Mohammed VI has renewed zero tolerance against corruption and expressed his unwavering resolve to combat this scourge, which undermines the public trust and investors’ confidence. Speaking to Mohamed Bachir Rachdi he appointed on Thursday as chief of the national authority for probity, prevention and fight against corruption, the Monarch stressed the importance he grants […]

Morocco’s BCP Bank gets $100 Mln loan from EBRD to mitigate COVID-19 impact

The European Bank for Reconstruction and Development (EBRD) approved on Thursday a $100 million loan to Moroccan “Banque Centrale Populaire (BCP) to support local small businesses affected by the coronavirus pandemic. The loan is the second to the country under the EBRD Solidarity Package, set up to meet the immediate short-term financing needs of existing […]

Morocco, World 3rd largest tomato exporter

Morocco has emerged as the world’s third-largest exporter of fresh tomatoes, driven by robust demand from European markets and a strategic shift toward high-value varieties, Morocco’s agri food export agency Foodex said. The North African country now holds an 11% share of the global fresh tomato export market, trailing only Mexico and the Netherlands, according […]