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Morocco to develop agtech farming with Jungnong group’s support

Morocco is busy working to modernize its agricultural sector and advance sustainable agriculture with the support of Hong Kong-based Jungnong Group, a subsidiary of China’s Agricultural Development Group. Moroccan ministry of Agriculture and the Jungnong have agreed lately to set up $22 million joint venture focusing on high-tech and water-efficient farming systems adapted to climate […]

Earthquake: USAID lauds Morocco’s response, acts of generosity & pledges $1 Mln initial humanitarian aid

The U.S. Agency for International Development (USAID) has praised Morocco’s leadership of the humanitarian response to the devastating earthquake that hit the country on Sept.08. The Agency Administrator Samantha Power has voiced her country’s commitment to support the Government of Morocco’s recovery efforts, as the North African Kingdom’s works to provide immediate, life-saving humanitarian assistance […]

EIB supports Morocco’s technopoles expansion with €115 Mln funding

The European Investment Bank has provided €115 Mln loan to MEDZ, subsidiary of CDG Group, for the expansion and modernization of ten technopoles located in five regions of Morocco. The funding supports the country’s advanced regionalization policy and its New Development Model and is in line the EU’s Mediterranean Agenda on resilience and climate transition, […]