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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 […]

President of Spanish Government Pedro Sanchez starts working & friendship visit to Morocco

President of the Spanish government, Pedro Sanchez, arrived in Morocco on Wednesday, as part of a working and friendship visit to the Kingdom. Sanchez is accompanied by Spanish Minister of Foreign Affairs, José Manuel Albares, during this visit, his first to the North African Kingdom since his government took office in January. The President of […]

Maroc Telecom and Inwi plan infrastructure sharing ventures

Morocco’s telecommunications regulator ANRT has received formal notification of a groundbreaking infrastructure sharing deal between the country’s two major telecom operators. Itissalat Al-Maghrib (IAM/Maroc Telecom) and Wana Corporate (Inwi) plan to create two joint ventures that could reshape the sector’s competitive landscape. The proposed partnership involves establishing “FiberCo” and “TowerCo,” both equally owned by the […]