Category: Business

Morocco: WB backs reform program targeting poor, vulnerable layers with $500 million loan

June 18, 2022

The World Bank (WB) has just approved a $500 million loan to improve protection against health risks, childhood human capital losses, old-age poverty and climate ... Read More

U.S. officials launch Dakhla-Market, supporting local artisans

June 16, 2022

A U.S. State Department delegation traveled this week to the Moroccan Saharan city of Dakhla wherein they launched an e-commerce platform, dubbed “Dakhla-Market” which enables ... Read More

Tunisia: EU endorses government-pushed reforms with €162m

June 16, 2022

The European Union has granted Tunisia €162 million to support the country’s various reforms that are expected to revive the economy. EU ambassador to Tunisia ... Read More

Libya: HoR approves Fathi Bashagha-proposed budget

June 16, 2022

Libya’s parliament, The House of Representatives (HoR), voted in favor of a budget worth around $18 billion proposed by Fathi Bashagha, the legislature’s choice for ... Read More

Chad wants to stop gold smuggling to Libya estimated at $91m every week

June 15, 2022

Chad’s President Mahamat Idriss Déby has vowed to curtail the gold smuggling business depriving his country weekly of around $91 million in the advantage of ... Read More

Will Morocco’s central bank end accommodative monetary policy to curb inflation?

June 14, 2022

Morocco’s central bank will hold its second meeting this year on June 21 to take key monetary policy decisions with analysts predicting the bank to ... Read More

Two US groups sign MoUs to promote investments in Dakhla-Oued Eddahab Region

June 14, 2022

The US groups, Danforth Investors Global Special Projects and SEC Newgate US, have signed memorandums of understanding with the Council of the Dakhla Oued Eddahab ... Read More

African Union: High-level Meeting of Committee of Fifteen Ministers of Finance Kicks off in Rabat

June 13, 2022

The high-level meeting of the Committee of Fifteen Ministers of Finance of the African Union (F15) opened Monday in Rabat on the theme "Beyond COVID-19 ... Read More

New York hosts Morocco-US investment summit

June 13, 2022

New York has hosted on Friday the Morocco-US investment summit. The event featured several sectoral panels that discussed investment opportunities in Morocco, with focus on ... Read More

Global semiconductor leader STMicroelectronics inaugurates new production line in Bouskoura

June 12, 2022

The global semiconductor leader, STMicroelectronics, inaugurated earlier this week its new electronic component production line in Bouskoura, with an investment of 2.4 billion dirhams ($244 ... Read More