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Category: Finance
Morocco braces for deepening budget, trade deficits on back of global economic uncertainties
The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget ... Read More
Tanger-Med Port attracts new $120 Mln private investments
In 2021, $120 million private investments were injected in 28 new projects in all Tanger Med’s activity zones, says the port’s management in its latest ... Read More
Casablanca stock exchange launches charm offensive to encourage listing
The Casablanca stock exchange has launched a campaign to encourage SMEs to issue initial public offerings to enable them to access equity funding in an ... Read More
US provides $35 million for Tunisia SMEs
The US embassy launched Tuesday a financial support scheme worth $35 million in a favor of Small and Medium Size Enterprises (SMEs) that have difficult ... Read More
Tunisia to benefit from AfDB program to promote investment in decentralized renewable energy
Tunisia will benefit from the African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF) program to promote investment in decentralized renewable energy backed by ... Read More
EBRD provides €50 Mln to two Moroccan banks to support Morocco’s green transition
The European Bank for Reconstruction and Development has approved loans totaling €50 million to two Moroccan banks, namely “Crédit du Maroc” and “Société Générale Maroc” ... Read More
EBRD contributes €12 million for setting up an automotive testing center in Morocco
The European Bank for Reconstruction and Development (EBRD) is strengthening the competitiveness of the private manufacturing and service sector in Morocco with a €12 million ... Read More
Libya’s Central bank under some international pressure to cut off funding for Dbeibeh-led Cabinet
The governor of the Libyan central bank, Saddek El-Kaber, is being pressured by some international parties to cut off financing for the Government of National ... Read More
Morocco allocates $1 billion to mitigating drought
King Mohammed VI ordered the allocation of 10 billion dirhams ($1 billion) to mitigate the impact of drought on farmers, the Royal Palace said. Morocco ... Read More
World Bank lends Tunisia $400m for social reforms
The World Bank Tuesday announced the intent to provide $400 million to Tunisia in view of backing social reforms. Ferid Belhaj, World Bank Vice President ... Read More