Morocco’s King Urges IsDB Group to bolster Private Sector, Engine of Growth

King Mohammed VI has urged the Islamic Development Bank to help its member countries to diversify their economies and stimulate the private sector, a growth engine and a source for the creation of wealth. In a message to the 44th annual meeting of IDB Group, convening in Marrakech (April 5-6), the Moroccan Sovereign said most […]

Moroccan, Mauritanian employers discuss investment facilitation

Means to promote economic and trade relations between Morocco and Mauritania and the facilitation of investment were at the focus of a meeting held Wednesday in Casablanca between the President of the General Confederation of Moroccan Enterprises (CGEM), Chakib Alj, and the President of the National Union of Mauritanian Employers (UNPM), Zein El Abidine Ould […]

IFC to Expand Infrastructure Investment in Morocco, Tunisia

The International Finance Corporation (IFC), the World Bank’s private sector arm, said it plans to invest $373 million in Maghreb nations, mostly in Morocco and Tunisia as the two nations cut spending to reduce budget deficits. IFC investments in the region are designed to help the two North African governments form private-public partnerships to help […]