MOROCCO-US-DIPLOMACY

Over 5.4 Mln Tourists Visited Morocco in 1st half of 2019

More than 5.4 million tourists visited Morocco in the first semester of 2019, a 6.6 pc increase compared to the same period last year, according to data released by the Tourism Observatory. The Italians top the list of inbound foreign tourists, representing 12 pc of the overall travelers who visited the North African country during […]

African startups defy global VC funding downturn, with M&A becoming the norm

African venture results have declined in recent quarters, echoing the trends in other startup regions around the world, but with $1.1 billion raised in the first half of 2023, Africa’s startup ecosystem shows resilience in the face of the global venture capital (VC) funding downturn. Despite VC funding slowly retreating from the African market this […]

AfDB Loans Morocco $204 Million to Improve Social Protection

The African Development Bank (AfDB) has granted Morocco a $204 million loan, destined to finance the Social Protection Improvement Support Program (PAAPS).   The loan, extended over 4 years, will back an integrated support program for the improvement of social protection in Morocco, the aim being to achieve 80 per cent social security coverage in […]