Morocco confinement offender

Casablanca Gets €172 Mln WB Loan to Support its Modernization

The World Bank Board has announced a €172 million loan to the Moroccan city of Casablanca, hosting around 12 pc of the North African country’s population and contributing 20 pc of the national GDP. The loan, first of its kind, will enable the city’s managers to solve its growing urban challenges. It will support the […]

Morocco commemorates 64th anniversary of death of King Mohammed V, hero of Morocco’s independence struggle

Morocco commemorated, Saturday, 10th day of the holy month of Ramadan 1444 H, the 64th anniversary of the passing away of the Liberator of the Nation, late King Mohammed V. On this occasion, King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid, Prince Moulay Ahmed and Prince […]

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 […]