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Morocco Funds Islamic Centers Across Europe and Canada with $11 Million Investment

Morocco’s Ministry of Endowments and Islamic Affairs has allocated 105 million dirhams ($11 million) to support 18 associations managing Islamic centers in Europe and Canada, strengthening religious guidance for Moroccan diaspora communities. Minister Ahmed Toufiq announced the funding Monday while addressing the House of Representatives regarding support for Islamic centers serving Moroccans residing abroad and […]

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Morocco: EBRD and EU Support Women-led businesses with €20 Mln Funding

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have partnered with Moroccan bank for Commerce & Industry (BMCI) to support women-led micro, small and medium-sized enterprises (MSMEs). EBRD will provide up to €20 million unsecured loan to BMCI for women entrepreneurs digitalization and MSMEs located in the regions affected by […]