UNHCR representative in Morocco François Reybet-Degat

Morocco to Invest $300 Mln for Expansion of Casablanca Port

Marsa Maroc, leading port operator in the Kingdom, has announced a $300 million investment plan to expand container handling capacity at the Port of Casablanca after securing a 20-year extension of its concession to operate Container Terminal 3. The expansion will enable the port’s operator to meet growing container traffic at Morocco’s largest port. Terminal […]

EBRD supports Morocco’s manufacturing with €45.5 Mln funding

The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the Moroccan subsidiary of Turkish group Eczacıbaşı Consumer Products (ECP) to acquire Jeesr, a leading manufacturer of tissue paper products in Morocco. This is the Bank’s first cross-border acquisition financing package […]

Chad approves establishment of independent anti-corruption watchdog

The Chadian Parliament Thursday November 16 voted largely for the creation of an independent anti-corruption Agency to curb the phenomenon that the lawmakers argue has deteriorated the climate of business. Ramatou Mahamat Houtouin, the Secretary General of government presented the government proposal before the Parliament. 145 lawmakers voted in favor of the proposal while three […]