BCIJ

Morocco Bolsters its F16 Jets with AMRAAM Missiles

Morocco will bolster the defense capabilities of its F16 fighter jets with the acquisition of advanced medium range air-to-air AMRAAM missiles, the Pentagon said in a press release. A contract has been signed between Morocco’s air force and the US defense contractor, Raytheon, providing for the acquisition of the air-to-air missiles as well as for […]

Microfinance: EIB supports Moroccan very small businesses with €3 million loan

The European Investment Bank (EIB) will grant Al Amana Microfinance NGO a €3 million loan destined to support the development of Moroccan micro-enterprises and very small enterprises (VSEs), with a special focus on supporting women entrepreneurs. The agreement between the two sides seeks to facilitate access of micro-enterprises and VSEs to finance, the EIB explained […]

FDI Flow up 43.6% in 2021 – Office des Changes Report

The net flow of Foreign Direct Investments (FDI) recorded a 43.6% increase to more than 19.4 billion dirhams at the end of December 2021 compared to a year earlier, the Office des Changes (exchange office) said in its annual report on the balance of payments and the international investment position of Morocco for the year […]