Libyan oil corporation

Moroccan Central Bank partners with IFC to promote Morocco’s agricultural financial inclusion

Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) signed a partnership deal on Wednesday, June 18, in Rabat, meant to achieve two key objectives: improving the resilience of agricultural operations and fostering inclusive and sustainable growth. According to a joint press release, this partnership reflects the shared ambition of both institutions to promote an […]

IFC lends OCP 100 mln euros to build four solar plants

The International Finance Corporation (IFC), an offshoot of the World Bank, agreed to lend Morocco’s phosphates and fertilizers giant OCP 100 million euros to fund the building of four solar plants, the two parties said. The agreement was announced during the International Monetary Fund-World Bank Group Spring Meetings in Washington DC. The green loan will […]

Sahara: UK Commends Morocco’s Serious Efforts for Reaching Lasting and Peaceful Solution

The UK government has praised Morocco’s serious efforts to advance the UN-led process seeking a lasting and peaceful resolution to the Sahara regional conflict. The supportive stand comes in the Joint Statement issued Tuesday in Rabat following the 4th UK-Morocco Strategic Dialogue co-chaired by Moroccan foreign minister Nasser Bourita and UK Minister for MENA region […]