Tag: sustainable agriculture
Business Finance Headlines Morocco

World Bank extends $180 million loan to Morocco to support sustainable agriculture

North Africa PostComments Off on World Bank extends $180 million loan to Morocco to support sustainable agriculture

The Board of Directors of the World Bank approved Saturday a $180 million loan to Morocco to finance investment projects in resilient and sustainable agriculture in the Kingdom. The loan, allocated to the Resilient and Sustainable Water Management in Agriculture (RESWAG) project, aims to strengthen the governance of water resources in the agricultural sector, improve […]
Business Headlines Morocco

IFC, Zalar Agri Partner to Support Sustainable Agriculture in Morocco

North Africa PostComments Off on IFC, Zalar Agri Partner to Support Sustainable Agriculture in Morocco

IFC, a member of the World Bank Group, is providing $24 million in financing, including a $12 million C loan for IFC’s own account and a mobilization of a $12 million B loan through IFC’s syndication program to Zalar Agri, one of Morocco’s leading fruit producers, as part of an effort to create jobs and […]