mohamed_darif-22

Morocco announces $12.8 bln to help economy recover from Coronavirus impact

King Mohammed VI said Morocco will inject 120 billion dirhams (12.8 billion dollars) as a post-coronavirus crisis stimulus package to offer incentives and come up with solidarity measures to support businesses, especially small and medium-sized enterprises. The package represents 11% of Morocco’s GDP, “a proportion that will place Morocco at the forefront of the most […]

AfDB Grants €70 million financing facility to Morocco’s Bank of Africa to promote African trade

The African Development Bank Group approved a €70-million financing facility for Bank of Africa Maroc (BOA) to promote access to financing African trade. The package comprises a €50 million Risk Participation Agreement (RPA) and a €20 million Trade Finance Line of Credit (TFLOC), the AfDB said in a press release. “The African Development Bank, rated […]

Chadian delegation explores investment opportunities in Dakhla region

A Chadian economic delegation visited Dakhla on Friday to explore business prospects in the region and discuss ways to strengthen bilateral cooperation. This visit is part of Chad’s Economic Promotion Week in Morocco, aimed at showcasing the country’s economic potential in the Kingdom across various sectors and fostering the development of win-win business partnerships between […]