Morocco’s microfinance sector faces significant transformation as proposed regulations dramatically increase lending limits and introduce new deposit frameworks, positioning microfinance institutions as crucial intermediaries for small business financing. The draft decree, implementing Law 50-20 on microfinance, establishes differentiated credit ceilings based on institutional structure and client profiles. For associative microfinance institutions serving low-income populations, limits […]
Morocco’s state-owned phosphate OCP Group announced this Tuesday the setting up of a new subsidiary offering farmers customized plant nutrition solutions adapted to the crop, climate, and soil. Dubbed “OCP Nutricrops”, the new entity will leverage the Group’s leading phosphate-based plant nutrition production and distribution capabilities to provide farmers with tailored solutions that preserve soil […]
The dismissal of Mohamed Boussaid, Economy and Finance Minister, by King Mohammed VI came as Morocco is elaborating key economic and financial projects that will leave the upcoming minister with heavy responsibilities. Boussaid was sacked by King Mohammed VI in line with Article 47 of the constitution and in implementation of the principle of linking […]
