East African economies powering ahead, EAC may become continent’s next regional powerhouse

East Africa could soon become Africa’s economic powerhouse if ongoing plans to expand the seven-member East African Community (EAC) are implemented successfully, as latest figures from the International Monetary Fund (IMF) indicate. The EAC’s gross domestic product is expected to hit $346.17 billion in 2023, according to the IMF’s latest forecast, which can be attributed […]

Morocco: EBRD and EU Support Women-led businesses with €20 Mln Funding

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have partnered with Moroccan bank for Commerce & Industry (BMCI) to support women-led micro, small and medium-sized enterprises (MSMEs). EBRD will provide up to €20 million unsecured loan to BMCI for women entrepreneurs digitalization and MSMEs located in the regions affected by […]

Morocco Showcases Counter Terrorism Strategy at Anti-ISIS Global Coalition Meeting in Washington

Nasser Bourita, Morocco’s Minister Delegate of Foreign Affairs and Cooperation highlighted the pertinence and effectiveness of the comprehensive approach adopted by the Kingdom in countering terrorism and addressing its root causes during the ministerial meeting of the anti-ISIS Global Coalition Meeting in Washington. The event, convened by US Secretary of State Rex Tillerson, represents the […]