Moroccan & hungarian FMs

World Bank approves $250 million to finance resilience of Morocco’s agri-food systems

The World Bank’s Board of Directors has approved a program worth $250 to help Morocco increase the resilience of its agri-food system to climate change and strengthen food safety and quality. “Overall, the Program is expected to benefit 1.36 million people, including almost 120,000 farmers and over one million consumers, with improved food safety and nutrition […]

US underscores Moroccan King’s leadership, reaffirms support for autonomy plan

The US state department highlighted the leadership of King Mohammed VI in promoting regional stability and peace and reaffirmed its position in support of the Morocco-proposed autonomy plan. Secretary of State Anthony Blenken “expressed his appreciation for King Mohammed VI’s leadership and longstanding contribution to promoting stability and regional peace, including his efforts to promote […]

EBRD supports Morocco’s manufacturing with €45.5 Mln funding

The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the Moroccan subsidiary of Turkish group Eczacıbaşı Consumer Products (ECP) to acquire Jeesr, a leading manufacturer of tissue paper products in Morocco. This is the Bank’s first cross-border acquisition financing package […]