The European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the European Union, provides €25 million to Banque Marocaine pour le Commerce et l’Industrie (BMCI) to support Morocco’s green transition. The financing, of which a total of €23.75 million will be provided by the EBRD and €1.25 million by […]
While recently attending a conference in Benin, the crisis in Mali still loomed large. The conflict in Mali had threatened to unravel the entire security situation in the Sahel and Western African nations spent much of the last year bickering whether a military intervention to save Bamako from approaching Islamist militias was feasible. In the […]
The UN Alliance of Civilizations, which opened Tuesday its 9th Global Forum in Fez, Morocco’s spiritual capital, is “a powerful vehicle for peace”, said King Mohammed VI. In a message addressed to participants and read out by royal advisor André Azoulay, the Monarch said the international forum is convened on African soil, giving a strong […]
