First Independent Mena Newspaper
Recycling textile waste in Morocco is technically viable and commercially feasible and could attract $1.9 billion in additional private investment and generate more than 30,000 jobs, according to a study carried out by World Bank’s IFC pilot project. Trials conducted as part of the “Morocco Textile Circularity program” yielded positive results exceeding all expectations as […]
Morocco’s national credit guarantee institution, Tamwilcom, has partnered with International Finance Corportation (IFC) to expand access to finance to small & medium-sized enterprises (SMEs), including women-led businesses, agricultural enterprises, and firms operating within supply chains. Under the partnership, IFC will provide Tamwilcom $300 million risk-sharing facility (RSF) to enable the Moroccan lending institution to diversify […]
The International Finance Corporation (IFC), on Thursday, 18 December 2025, announced a strategic partnership with Dubai-based AMEA Power and Japan’s Kyuden International Corporation to develop a 1,000-megawatt solar power plant integrated with a 600MWh battery energy storage system in Aswan, southern Egypt. The $571.8 million financing package, led by IFC with support from international partners, […]
The World Bank Group supports Morocco in its vision for a new generation of territorial development programs, launched under the guidance of King Mohammed VI, said the International Finance Corporation (IFC) Regional Director for North Africa, Cheick-Oumar Sylla. “Morocco’s vision for a new generation of territorial development programs offers a key opportunity to deepen the […]
The International Finance Corporation (IFC) said it is working with the African Development Bank (AfDB) and Nigeria’s EbonyLife Media to study the feasibility of launching a pan-African investment vehicle targeting the continent’s film sector. The initiative aims to unlock fresh private and institutional capital to help African producers create and distribute stories for global audiences, […]
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 […]
The International Finance Corporation (IFC) will be investing more than $1.1 billion in Morocco this year, compared to $600 million in 2024 and less than $400 million in 2023,” said David Tinel, the institution’s Regional Representative for the Maghreb. In an interview with MAP, on the sidelines of GITEX Africa Morocco 2025, Tinel expressing great […]
The International finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), both members of the World Bank Group, have partnered with Tanger Med Port Complex, the leading industrial port complex in the Mediterranean, to expand the truck and passenger terminal and strengthen Morocco’s strategic position as a hub for regional and global trade, IFC […]
The International Finance Corporation has announced a $37 million investment in Morocco’s logistics service provider BLS to support the company’s growth strategy and strengthen Morocco’s position as a regional logistics and trade hub. The IFC funding will help BLS finance its expansion plans, which include creating an estimated 500 new jobs by 2030 through the […]
IFC has granted a €100 million loan to OCP Group, contributing thus to complete the desalinated water pipeline to connect Jorf Lasfar to Khouribga, whose construction is progressing well and is expected to be completed soon. The loan will support the construction of a 219 km pipeline and a new pumping station The infrastructure will […]