Morocco Invests 2.3 billion Dirhams to Boost Renewable Energy Use in Agriculture

As part of efforts of bringing renewable’s share in overall electricity generation to 52% by 2030, Morocco has earmarked 2.3 billion dollars to boosting the use of solar energy in agricultural production. This investment is meant to bolster the use of solar energy in water pumping and to curb the consumption of Butane gas, said […]

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 […]

Tunisia preys on Algeria’s flourishing market

Tunisian businessmen expressed interest Algeria’s furniture and interior design market and showed their willingness to develop partnerships with their Algerian counterparts in the sector. The director of the Tunisia program of ‘Export to Algeria,’ Riadh Bezzarga, said that the sector is “flourishing” in Algeria and it has a “great potential” to grow especially when the […]