The European Union, EU, is set to grant Tunisia €100 million earmarked to help the North African country surf the impacts of the pandemic and to support the economy, the ministry of Economy and planning has announced. The financing agreement will be signed this Monday, November 14, 2022, at the headquarters of the Ministry of […]
The European Investment Bank Group (EIB) announced a financial support for the private sector in Morocco worth €440 million, notably through its credit lines with Moroccan financial institutions. The loan is intended to assist Morocco in addressing the impact of COVID-19 on the economy. “These credit lines dedicated to financing the private sector would be […]
Morocco’s state-owned phosphates company (known by its French acronym OCP) will invest 2 billion dirhams in a water desalination plant in the Atlantic city of El Jadida. Part of the OCP’s environmental strategy, the new plant will have a capacity of 75 million cubic meters per year as of 2020, its projected date of completion, […]
