Business Europe Finance Headlines International Morocco

EU supports Morocco’s Covid-19 response with €169 Mln

The European Union announced on Wednesday a €169 million support package for Morocco to enable this country enhance further its medical response to the coronavirus pandemic and put in place measures to mitigate its socio-economic impact. EU Neighborhood commissioner Olivér Várhelyi said : “Today’s disbursement shows that the European Union stands by Morocco in its […]

Business Finance Headlines Morocco

IFC provides Morocco’s Fez-Meknes Region $30 Mln for roads projects & Covid-19 response

The International Finance Corporation (IFC) supports Morocco’s Fez-Meknes region road projects and covid-19 response with a $30 million funding.   Ten million dollars will be used for the purchase of disinfection and sterilization equipment, which will be used to sanitize public places. The remaining $20 mln will support the region’s plan to expand and upgrade […]

Europe Headlines International Morocco

EU commends Morocco for its Covid-19 response

The European commission congratulated Morocco on its coronavirus response, which spared the country thousands of deaths and protected its health infrastructure through a mix of lockdown measures and social and economic support. “Morocco is not only a close neighbor, the country is also a stable and trusted partner that has acted rapidly to contain the […]