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Morocco Gets $450 Mln World Bank Loan for Modernization of Public Sector

The World Bank approved on Wednesday a $450 million loan for Morocco which is deploying sustained efforts to modernize its public sector through the implementation of an ambitious governance reform program . Over the past few years, Morocco has embarked on long-term and wide-ranging reforms to improve the overall performance of the public sector and […]

Morocco: Al Amana Microfinance gets $8 Mln funding from IFC to encourage women in business

The International Finance Corporation provides al Amana Microfinance, one of Morocco’s largest micro lenders, $8 Million loan to support smaller businesses, especially those run by women. Under the partnership agreement sealed Wednesday, al Amana will use the money to extend its reach to more micro-entrepreneurs and informal enterprises. At least half of the proceeds will […]

Sahara: London supports UN-led efforts & affirms its position is constantly reviewed

The British government has reiterated its support for the UN-led political process engaged to find a lasting and mutually acceptable solution to the Sahara issue, and affirmed that it is constantly reviewing its position amid mounting parliamentary pressure to follow suit of UK’s allies in recognizing the Morocco’s sovereignty over its Sahara. During a Westminster […]