World Bank to leverage guarantees for increased international financing in Morocco

The World Bank plans to utilize guarantees to draw more international financing to Morocco, said Hiroshi Matano, Executive Vice President of the Multilateral Investment Guarantee Agency (MIGA). “We believe that these guarantees can help Moroccan borrowers (corporate and public institutions and non-sovereign risk counterparties) diversify their financing sources with private capital,” Matano said in an […]

No permit has been given to build any Holocaust memorial in Marrakech-Authorities say

Local authorities in Marrakech said that there is no thing as such a memorial or museum in the commune of Ait Faska near Marrakech after news reports said that a Holocaust memorial opened in the area. Local authorities said in a statement that they did not issue a permit to build such a project. The […]

Washington urges U.N. Chief to speed up appointment of new Sahara Envoy

U.S. Secretary of State Antony J. Blinken has called on U.N. Secretary-General Antonio Guterres to expedite the appointment of a new U.N. envoy for the Sahara in replacement of Horst Köhler, who stepped down on May 19, 2019 for “health reasons”.   The call was made during the virtual meeting held Monday by the U.S. […]