Columns Finance Headlines Morocco Opinions

Alleged rape victim denounces patriarchy of some Moroccan rights activists, hypocrisy of French media

Journalist Hafsa Boutahar who has accused her colleague Omar Radi of rape has seen her rights denied and deplored the double standards shown by patriarchal rights activists in Morocco and abroad as well as the biased solidarity with the man whom she said has assaulted her. Moroccan rights NGOs, particularly AMDH, and French media have […]

Business Finance Headlines Morocco

AfDB supports modernization of Morocco’s railways with €300 million

The African Development Bank (AfDB) has earmarked €300 million for the Moroccan Railways Office (ONCF), that financed the project meant to increase the capacity of the Tangier-Marrakech railways axis, said the AfDB in a press release. Thanks to this financing coupled with technical assistance, the AfDB supports the modernization of the railways sector in Morocco […]

Business Finance Headlines Morocco

IMF congratulates Morocco for COVID-19 vaccination performance

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has congratulated Morocco for the progress made in COVID-19 vaccination, as well as for its anticipatory strategy aimed at mitigating the effects of the health crisis and ensuring economic recovery.   At a virtual meeting held on Friday with Minister of Economy & Finance […]

Business Europe Finance Headlines International Morocco

Morocco, “associated country” of EU “Horizon Europe” funding program

Morocco has officially become an “associated country” of the European Union’s “Horizon Europe,” a key funding program for research and innovation within the framework of sustainable development.   “Horizon Europe” is part of the 2021-2027 EU’s program, and will have a total global budget of €95.5 billion (MAD 1 trillion). According to the European Commission, […]

Americas Business Finance Headlines International Morocco

IMF adopts Morocco’s undivided map in its Global Growth Forecasts

As did the US administration, many departments and agencies and US-based organizations recently, the International Monetary Fund (IMF) has also used the undivided map of Morocco in the graphics of its latest global growth forecast, reports moroccoworldnews news outlet.   The IMF appears to have now brought its map graphics in-line with US foreign policy […]

Finance Headlines Morocco

WB President welcomes Morocco’s strategy to mitigate health crisis effects

The President of the World Bank Group (WB) David Malpass has welcomed Morocco’s proactive and anticipatory strategy to mitigate the effects of the health crisis. During a meeting held via videoconference with Minister of Economy & Finance Mohamed Benchaaboun, on the sidelines of the IMF/WB spring meetings, Malpass highlighted the readiness of the Bank to […]

Business Finance Headlines Morocco

IMF projects Morocco’s economic growth at 4.5 % in 2021

The International Monetary Fund has lowered slightly its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 4.5 pc in 2021, while the Fund’s previous projections for the country were estimated at 5 pc. The IMF new outlook takes into account several internal and external factors including the high uncertainty that surrounds […]

Business Finance Headlines Tunisia

China grants Tunisia $14.2m to finance projects

China and Tunisia signed Tuesday inked a grant deal valued at around $14.2 million (TND40 million) earmarked for the financing of projects in the North African country. The signing took place between Tunisia’s top diplomat Othman Jerandi and his counterpart Zhang Jiang. The deal did not detail projects to be determined by both countries, Webdo […]

Business Finance Headlines Morocco

Morocco maintains aid for worst-hit sectors by pandemic until June

A Moroccan economic monitoring committee (CVE) decided to maintain aid to workers in sectors most hit by the pandemic until June. This financial aid benefits 102,000 workers in sectors handicapped by the Covid-19 outbreak, notably tourism, catering, events and other services whose normal activity halted due to the restrictive measures to contain the virus. These […]

Business Europe Finance Headlines International Morocco

AFD supports social, solidarity economy in Morocco with a €1.5 million grant

The French Development Agency (AFD) has agreed to provide a €1.5 million (MAD 16 million) grant to the Moroccan Ministry of Tourism, Air Transport, Handicrafts and Social Economy, to help reinforce the social and solidarity economy (SSE) framework in Morocco. The financial aid is aimed at helping the ministry strengthen the national legal mechanisms of […]