North Africa Post
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Business Finance Headlines Maghreb Morocco

Morocco allocates $1 billion to mitigating drought

North Africa Post

King Mohammed VI ordered the allocation of 10 billion dirhams ($1 billion) to mitigate the impact of drought on farmers, the Royal Palace said. Morocco has registered a rainfall deficit of 64% jeopardizing this year’s harvest and putting farmers in a difficult financial position. Hassan II fund for economic and social development will contribute by […]
Business Finance Headlines Morocco

AfDB Lends Morocco € 114 Mln for Inclusive & Sustainable Farming

North Africa Post

The African Development Bank has approved a € 114 million loan to support Morocco’s inclusive and sustainable agriculture in rural areas within the frame of the country’s climate adaptation program focusing on better use of water resources in irrigation and soil conversion techniques. The funding will enhance the resilience of Moroccan agriculture to the global […]
Asia Business Emerging Markets Headlines International Morocco

Morocco/Israel: Direct flights between Tel-Aviv & Essaouira in September

North Africa Post

Israeli Arkia Airline Company will operate direct flights between Tel-Aviv and Essaouira starting next September under an agreement it signed Friday in Salé, near Rabat, with Moroccan National Tourist Office (ONMT). The new direct flight by Arkia Airlines will have a total capacity of 11,000 seats. Commenting the deal, ONMT Chief, Adel El Fakir, stressed […]