Category: Business

World Bank lends Tunisia $400m for social reforms

February 16, 2022

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

Morocco Gets Over € 125 Mln Funding from EIB & EU to Improve Rural Schooling

February 16, 2022

The European Investment Bank and the European Union support Morocco’s rural schooling program with € 125.8 million funding to serve for the building of 150 ... Read More

Moroccan Pharmaceutical Industry Teams up with IFC to Cut Carbon Footprints

February 16, 2022

The Moroccan Federation of Pharmaceuticals Industry and Innovation (FMIIP) has partnered with the International Finance Corporation to enhance the sector's efficiency and mitigate climate change ... Read More

Israel to supply Morocco with air defense system worth $500 mln

February 15, 2022

Israel has agreed to sell Morocco the Barak MX air and missile defense system in a deal worth more than $500 million, Israeli media reported. ... Read More

Polish LUG Group opens branch in Laayoune

February 14, 2022

The Polish LUG group, one of the leading European manufacturers of professional lighting solutions, inaugurated this Monday in Laayoune, its Moroccan branch dubbed "LUG Maroc". ... Read More

Moroccan economy shakes off Covid impact, IMF says

February 10, 2022

Morocco’s economic activity has recovered most of the ground lost during the severe global recession of 2020 with a growth rate of 6.3% last year ... Read More

Morocco’s Central Bank gearing up digital currency

February 10, 2022

As many Western societies are going paperless and cashless, several central banks across the world started testing digital money to assess the risks and benefits ... Read More

EU to invest €1.6 billion in Morocco as part of its Global Gateway strategy

February 9, 2022

The European Union will invest €1.6 billion in Morocco to promote the green and digital transition. This investment is part of the new European strategy, ... Read More

TICAD8 scheduled in Tunisia next August 27-28 – Japan’s Foreign Ministry

February 9, 2022

The Eighth Tokyo International Conference on African Development (TICAD8) is due next August 27-28 in Tunisia, announced the Japanese Foreign ministry in a press release. ... Read More

Morocco tops African peers in Agility Emerging Markets Logistics Index

February 9, 2022

Morocco outperformed other emerging African markets in terms of logistics and supply chains in the annual Agility Emerging Markets Logistics Index. The Index ranks countries ... Read More