North Africa: IFC Supports SMEs with €15 Mln Investment

The International Finance Corportation, a member of the World Bank Group, is injecting €15 million in a new private equity fund by AfricInvest, a leading private equity fund manager, to help expand access to finance for small and medium enterprises in North Africa. The investment is part of a larger effort to support economic growth […]

Morocco building its own defense industry to reduce dependence on foreign-made weapons

Morocco is busy working to reduce its dependence on foreign-made weapons by developing its own defense industry, said Defenseweb online publication. To reach its strategic goal, Morocco signed in 2019 with Brazil an agreement to share military technology. The agreement, which includes “investment cooperation and facilitation” in military industry, is the first of its kind […]

Morocco: Abaddi embarks on countering violent extremism

2016 was a remarkable year for Arrabita Mohammadia des Oulamas and for Morocco in its fight against terrorism and violent extremism. From launching an electronic platform called “Ra’ed “as an innovative means of isolating extreme forms of Islam, to the launch of series books titled “Islam and contemporary context “that aim to deconstruct extremism discourse, […]