Algeria Ahmed_Gaid_Salah

Morocco’s carrier resumes flights to Brazil, opens new Casablanca-Toronto direct route

Morocco’s Royal Air Maroc has resumed its direct flight from Casablanca to Sao Paulo on Saturday and inaugurated a new direct route from Casablanca to the Canadian city of Toronto on Sunday. The flight to Sao Paulo marked a long-awaited resumption of direct services between Morocco and Brazil, which were suspended for five years due […]

World Bank releases $200 million for off-grid energy access in West Africa

The World Bank Group has approved a $200m fund to implement the Regional Off-Grid Electrification Project (ROGEP) in West Africa and Sahel region. The fund includes $150 million in the form of credit and grant from the International Development Association (IDA) and $74.7 million contingent recovery grant from the Clean Technology Fund. ROGEP primarily seeks […]

COVID 19: EIB Supports Moroccan Private Sector with €440 million

The European Investment Bank Group (EIB) announced a financial support for the private sector in Morocco worth €440 million, notably through its credit lines with Moroccan financial institutions. The loan is intended to assist Morocco in addressing the impact of COVID-19 on the economy. “These credit lines dedicated to financing the private sector would be […]