Fathi Bachagha

Morocco: an end in sight for tomatoes exports restrictions?

Morocco, a key supplier of tomatoes to European and West African markets, is expected to ease its export restrictions as production improves with the end of the cold waves. The country had placed restrictions on exports of tomatoes to West African markets after prices soared to more than 15 dirhams per kilo in the local […]

Morocco chairs board of directors of Arab Union of Electricity

Director of Morocco’s state owned utility company (ONEE), Abderrahim El Hafidi, acting chairman of the Arab Union of Electricity (AUE), chaired on Wednesday, a videoconference meeting of the board of directors of this Union which is gathering all Arab power companies. During this 53rd meeting held remotely due to Covid-19, the director of the “Office […]

IFC to support Morocco’s major development, investment reforms

The International Finance Corporation (IFC) intends to support the Moroccan government in its multiple reforms to ensure post-Covid economic recovery and plans to invest $300 million for fiscal year 2021. In this vein, the IFC and the Ministry of Economy and Finance signed Wednesday Wednesday a memorandum of understanding to strengthen their partnership and stimulate […]