King Mohammed VI Prince Moulay Hassan

EBRD Supports Moroccan Small Businesses With €9.7 Mln Loan

The European Bank for Reconstruction & Development has approved a €9.7 Million loan to Fondation Albaraka, one of the largest microfinance institutions in Morocco for on-lending to local micro enterprises. Access to finance through banks remains extremely limited for micro, small and medium-sized enterprises (MSMEs) in Morocco. The EBRD funds will offer much-needed support for […]

Ethiopia, Egypt and Sudan reach Renaissance Dam principle agreement

Ethiopia, Egypt and Sudan have reached a preliminary agreement that has helped them to overcome their main differences. The three countries have the main share of the Nile and Cairo was concerned about Ethiopia’s Grand Renaissance Dam project on the Blue Nile because of fears that it will affect its own supply of the river […]

King Mohammed VI, President Xi JINPING discuss Morocco-China partnership in the fight against COVID-19

King Mohammed VI of Morocco and President Xi JINPING of China have discussed the means to foster the two countries’ cooperation in a set of fields, among which is the fight against the coronavirus, said the Royal Office. This came in a phone call between the Moroccan Monarch and the Chinese President, the Royal Office […]