Morocco’s Gross Domestic Product (GDP) is expected to fall by 6.3 pc this year before recovering quickly and rebounding by 4.7 pc in 2021, said on Tue...
EIB lends Morocco’s Credit Agricole €200 mln
The European Investment Bank offered a €200 million loan to Morocco’s Credit Agricole to support funding for agricultural f projects. The loan aims to...
Corruption costs Moroccan economy up to 7% of GDP annually – Finance Minister
It is hard to exactly calculate the impact of corruption on the Moroccan economy which Finance Minister Mohamed Benchaaboun said it rips the country o...
OECD recommends tax reforms for sustainable financing of health in Morocco
At a time when Morocco continues to rely on its health system to cope with the coronavirus pandemic, two OECD tax experts have proposed tax reforms to...
EBRD supports three Moroccan enterprises with €300 Million loans
The European Bank for Reconstruction and Development (EBRD) has mobilized €300 million worth of loans for the benefit of three public enterprises in M...
EIB releases €100 million in emergency funding to help Morocco combat COVID-19
The European Investment Bank has released a first tranche of €100 million out of a total emergency funding of €200 million destined to support Morocco...
Microfinance: EIB supports Moroccan very small businesses with €3 million loan
The European Investment Bank (EIB) will grant Al Amana Microfinance NGO a €3 million loan destined to support the development of Moroccan micro-enterp...
Morocco’s Al Akhawayn University gets $1.2 mln award from US State Department
Al Akhawayn University in Ifrane (AUI) has received a $1.2 million award from the US Department of State through its Middle East Partnership Initiativ...
EBRD supports Morocco’s SMEs with a €40 Million Loan to CaixaBank
The European Bank for Reconstruction and Development (EBRD) is supporting small businesses in Morocco to withstand the coronavirus pandemic impact wit...
Morocco eats into its anti-coronavirus fund
Voices are rising in Morocco for a new donation campaign for the anti-coronavirus fund, which now has 9 billion dirhams ($975 mln). The fund was spurr...