News Stream May 06,2020

Germany’s KfW lends Morocco €30 mln for water projects

German development bank KfW offered a €30 million loan to Morocco’s water and electricity agency (ONEE) to finance water supply projects in rural areas. The new funds will be directed in particular to implement water supply projects in the northern regions of Tangier and Chefchaouen. Some 150 small villages and 112,000 people stand to benefit […]

Morocco, Spain cement their renewed bilateral partnership

Morocco and Spain signed 20 cooperation deals as they look towards a closer economic alliance after improved ties. The deals were signed at the end of the 12 high-level joint committee co-chaired by head of the Moroccan government Aziz Akhannouch and his Spanish peer Pedro Sanchez. The cooperation deals cover migration, employment, vocational training, infrastructure, […]

Morocco’s Unemployment Rate Hits 10.7% in Q1 2017

Unemployment rate rose to 10.7% in Morocco in the first quarter of 2017 up from 10.4% the same period last year with job growth staggering in the country’s public sector in light of the post-electoral deadlock and the consequent delay in the adoption of the 2017 appropriation bill. According to data issued by Morocco’s statistics […]