The European Bank for Reconstruction and Development injected 38.4 million euros-via a green bond issuance- in Moroccan rail operator ONCF, as the latter expands its network. “Issuing the bond will partially refinance the debt from ONCF’s latest development round designed to modernize and electrify the network; acquire and upgrade electric rolling stock; address safety units […]
After Morocco announced on Thursday its decision to suspend all contact with European institutions following a judicial ruling invalidating the agriculture agreement binding the two sides, the EU High Representative for Foreign Affairs, Federica Mogherini, voiced the European Union’s willingness to address the concerns of the North African kingdom so that the cooperation can be […]
Morocco offered construction permits to 51,031 families, that is 87% of overall applications, as the country races the clock to address the aftermath of September 7, 2023 earthquake. As part of the first batch of aid, 56,067 households received 20,000 MAD in aid for partially or totally demolished houses in the September 7 quake, the […]
