First Independent Mena Newspaper
The International Finance Corporation has agreed to provide Maroc Telecom two loans totaling €370 million to enable the Moroccan telecom group support its subsidiaries in Chad and Mali. The IFC funding will help to enhance mobile connectivity and improve the quality of mobile internet. It will also support the rollout of 4G services, bringing faster, […]
The European Bank for Reconstruction and Development (EBRD) provides Morocco’s Office National de l’Electricité et de l’Eau potable (ONEE) €300 million loan to strengthen the financial & climate resilience of the utility company and support its digitalization projects. The Moroccan National Office of Electricity & Drinking Water is involved in generation, transmission and renewables. The […]
The World Bank has agreed to provide Morocco $250 million funding to support the country’s social protection system which has improved living standards of vulnerable households and expanded access to essential services. In December 2023, Morocco launched the Direct Social Benefit (DSB) program as a key component of the national social protection reform. As of […]
Morocco is strengthening its position as a global aerospace hub with over 150 companies operating in the country and generating $2.8 billion in annual revenue, said Moroccan Minister of Industry & Commerce Ryad Mezzour at Paris Air Show 2025. The production sites are concentrated in Casablanca, Tangier, Rabat and Fez. They employ 26,000 individuals and […]
A Moroccan MP delegation is taking part in the 2nd Parliamentary Conference on Interfaith Dialogue which opened Thursday in Rome under the theme: “Strengthening trust and embracing hope for our common future”. The three-day event is organized by the Inter-Parliamentary Union (IPU) and the Italian Parliament in cooperation with NGO Religions for Peace. The conference […]
Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) signed a partnership deal on Wednesday, June 18, in Rabat, meant to achieve two key objectives: improving the resilience of agricultural operations and fostering inclusive and sustainable growth. According to a joint press release, this partnership reflects the shared ambition of both institutions to promote an […]
Moroccan Ynna Holding of Chaabi group has joined efforts with Emirati Amea Power Company for the building of 100 MW wind power farm in the Moroccan Saharan Laayoune-Sakia El Hamra region. This project is part of Morocco’s national goal of generating over 52% of its electricity from renewable sources by 2030. It will also help […]
The European Bank for Reconstruction and Development has pledged continued support for Morocco’s ambitious sustainable infrastructure plans ahead of the 2030 FIFA World Cup, emphasizing governance, inclusion, and climate adaptation as key pillars of development. Speaking at the “2030 World Cup, World Climate” event at Mohammed VI Polytechnic University in Rabat, EBRD Vice-President Mark Bowman […]
Morocco successfully hosted the second edition of the “Regional Endeavour 2025” military workshop last week, bringing together representatives from NATO, the African Union, and military delegations from Jordan, Egypt, Tunisia, and Mauritania to enhance regional resilience against humanitarian crises. The exercise, themed “Military Contribution to Human Security: Preparedness and Resilience,” represents a structured regional coordination […]
Morocco expressed commitment to making the 2030 FIFA World Cup a global benchmark for environmental sustainability and social inclusion, head of the tournament’s organizing committee Fouzi Lekjaa said. The World Cup, to be co-hosted with Spain and Portugal, is being described as a “Green World Cup,” he told a conference at the Mohammed VI Polytechnic […]