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 […]
Morocco has attracted a steady flow of foreign direct investment, unlike the rest of North Africa, which has seen a sharp decline in FDI, said the Financial Times in a story published Thursday. While many economies in North Africa have struggled to bring back foreign investors, Morocco has fared better than most. It has a […]
The Islamic Republic of Mauritania’s airline industry is rejoicing over the removal of the country’s ban by the European Commission. During its usual updating of the list of airlines considered to be posing a threat to the European community’s airline industry and security, the European Union committee for aerial security decided to uplift the country’s […]
