First Independent Mena Newspaper
The European Bank for Reconstruction and Development (EBRD) is helping to develop the olive oil sector in Morocco with a loan of up to MAD 55 million (€5 million equivalent) to Al Dahra Holding subsidiaries in Morocco, Al Dahra Morocco Factories (ADFAC) and Al Dahra Morocco (ADMO). The EBRD funds will finance the construction […]
As the Covid-19 outbreak is spreading quickly in Africa with nearly 3,000 infected people across 45 countries, placing strain on already fragile health systems, and dangerously threatening the continent’s economy, the African Development Bank Group is moving to provide flexible responses aimed at lessening the severe economic and social impact of this pandemic on its […]
the upward curve of the Covid-19 pandemic as it confirmed Saturday 57 new cases and by Sunday noon 48 more infected persons. With the new tallies announced by the Ministry of Health Saturday evening and Sunday noon, the total number of infected patients surges to 450, including 26 fatalities. Meanwhile, the number of people who […]
It is true that in times of crisis and disasters, people come together, comfort each other and unite against common threats. In Morocco, the coronavirus pandemic has triggered unprecedented acts of solidarity, and generosity, bringing out the best of Moroccan people. As most Moroccans are staying at home to prevent the spread of Covid-19, the […]
As the coronavirus pandemic is worrying people worldwide, fake news are swarming on social networks and Morocco is not immune to this virus. However authorities are on the alert, tracking on the net fake content relating to the pandemic of new coronavirus (Covid-19). The central computer monitoring cell of the Directorate General of National […]
Morocco said it will offer monthly payments to every head of a household who became unemployed due to the coronavirus lockdown which Morocco imposed from March 20 to April 20, the finance ministry said. The payments will be offered by the special fund, set up at the orders of King Mohammed VI to upgrade health […]
Morocco will buy ventilators, intensive care beds and laboratory equipment worth $200 million as the country struggles to contain the spread of the virus, the finance ministry said. Morocco is buying 1000 intensive care beds, 550 ventilators, 100,000 testing kits, 100,000 collection kits, imaging and scanning devices, pharmaceutical products and other equipment key to treating […]
The EU will redirect €450 million promised to Morocco this year to help the country better respond to the coronavirus outbreak. The amount includes €150 million that will be injected directly in the special fund created by Morocco to fund health system acquisitions and offset the social and economic repercussion of the pandemic, according […]
The Moroccan Organization for Human Rights (OMDH) has called on the UN Secretary General and the UN High Commissioner for Refugees “to urgently intervene” to protect the Sahrawis sequestered in the polisario- controlled Tindouf camps against the coronavirus pandemic. In a letter sent lately to the UN Chief and UNHCR, the Moroccan Human rights watchdog […]
Ethiopia has appointed head of the Commercial Bank of Ethiopia (CBE) as its new ambassador to Morocco. President Sahle-Work Zewde appointed Bacha Gina, CEO and President of the CBE, for the job earlier this month. Gina, led the CBE for 20 months and earned the financial institution the award of The Best Commercial Bank for […]