IFC Supports Morocco’s women-led Businesses & Agri-SMEs with $300 Mln Risk-Sharing Facility

Morocco’s national credit guarantee institution, Tamwilcom, has partnered with International Finance Corportation (IFC) to expand access to finance to small & medium-sized enterprises (SMEs), including women-led businesses, agricultural enterprises, and firms operating within supply chains. Under the partnership, IFC will provide Tamwilcom $300 million risk-sharing facility (RSF) to enable the Moroccan lending institution to diversify […]

Uber Starts Operating in Morocco, Gateway to North Africa

Cab-booking app Uber, which has sparked a swirling controversy in Europe and its US home base, has started operations in Casablanca where this new cab service is gaining momentum. Uber is one of the apps people can download to their mobile phones and use to book and pay for taxi rides. Launched in 2009 in […]

Speech on the State of the nation: A roadmap for economic revival, social integration

King Mohammed VI of Morocco delivered Thursday evening a speech on the state of the nation wherein he drew a roadmap for economic revival and social integration amidst the COVID-19 pandemic that dealt a serious blow to the economy and to the income of households. The Monarch announced a number of initiatives to revive the […]