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AfDB Lends Morocco €150 Mln for Local Sustainable Development & Infrastructure Projects
The African Development Bank (AfDB) has approved an additional €150 million loan for Morocco’s Communal Equipment Fund (French acronym FEC) to enable it Finance 26 infrastructure projects focusing on water, sanitation, urban mobility, energy efficiency, and social facilities in over 30 municipalities. The AfDB has also agreed to provide FEC nearly €1 million in technical […]
High Atlas earthquake damaged villages home to 2.8 million people
The earthquake that struck Morocco on September 8 damaged 2930 villages home to 2.8 million people, Minister in charge of the budget Fouzi Lekjaa said. In total, the 7 magnitude earthquake damaged 59,674 dwellings, including 32% that were totally destroyed, Lekjaa told MPs. Morocco had announced a reconstruction plan worth $12 billion (120 billion dirhams) […]
Safran’s new aircraft engine complex in Nouaceur strengthens Morocco’s position among emerging aerospace powers – British Portal
The new aircraft engine industrial complex of the Safran Group, to be built in Nouaceur, strengthens Morocco’s position among the emerging powers of the global aerospace industry, commented British portal The International Business Times (IBT). As reported by MAP, the portal, which serves as a platform for the British business community, noted that the complex, […]



