Spain
No, Spain has not "sacrificed" its security for the benefit of Morocco in the Adamuz tragedy
The Adamuz railway tragedy (southern Spain), which cost the lives of 45 people on January 18th, has sparked a heated controversy on social media.
Topic
Loan
Morocco
Egyptian Retailer Kazyon Expands in Morocco with $30 Million IFC Loan
The Egyptian group Kazyon has just benefited from a $30 million (300 million dirhams) loan from the International Finance Corporation (IFC). These funds will allow the brand to strengthen its presence in Morocco and improve access to quality and low-cost food products, and especially put pressure on BIM, already very present in Morocco.
Morocco
Back-to-School Costs Drive Moroccan Families to Seek Bank Loans
The approach of the school year and the end of the summer holidays often rhyme with the use of bank loans to enable Moroccan parents to meet the needs of their children. And the banks are in fierce competition.
Morocco
Major Moroccan Bank Launches Probe into Suspicious Loan Practices
In Morocco, a bank is conducting a vast investigation into the conditions for granting several loans. This inspection mission could turn into a legal case.
Morocco
Morocco: French-language education at the heart of a new controversy
Political actors are expressing their opposition to loan agreements totaling 130 million euros and a 4.7 million euro grant signed by the Deputy Minister in charge of the Budget and the Director of the French Development Agency in Rabat to finance the strengthening of French-language education in the Moroccan education system.
Morocco
Morocco's OCP Secures $106 Million Loan for 400 MW Solar Power Project
On the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank being held in Marrakech, the OCP group has secured a significant loan from the International Finance Corporation (IFC) for the construction of two solar power plants to enable it to increase its production of low-carbon fertilizers.
Morocco
World Bank Report Highlights Morocco's Economic Strength Ahead of IMF Meetings
A report from the World Bank Group for the year 2023 focused on "the results of its activities" reveals confidence in Morocco’s "solvency". The publication of this report comes just before the annual meetings of the International Monetary Fund (IMF) and the World Bank, scheduled for Marrakech next week.
Morocco
IMF to Grant Morocco $1.3 Billion Climate Resilience Loan
The International Monetary Fund (IMF) is about to unlock, from the new Resilience and Sustainability Trust, a huge loan to Morocco, in order to strengthen the country’s resilience to climate-related disasters.
Morocco
Morocco Raises $2.5 Billion in International Bond Market
Morocco successfully closes a bond issue on international financial markets for a total amount of $2.5 billion. The operation follows a Roadshow with the international investor community.
Morocco
Germany Grants Morocco €165 Million for Financial Inclusion and Small Business Support
Germany has committed to supporting Morocco’s financial system reforms . An amount of 165 million euros has been mobilized in this direction to increase the country’s financial inclusion and support for small businesses.
Morocco
AfDB Loans Morocco $300 Million for Agriculture and Social Protection Programs
Morocco and the African Development Bank (AfDB) have signed two loan agreements to finance a cereal farming project and the generalization of social coverage, for an amount of more than 3.1 billion dirhams.
Morocco
World Bank Approves $236.7 Million Loan for Northeast Morocco Development Project
A loan agreement in the amount of 236.7 million euros was signed on Monday by the Minister of Economy and Finance, Nadia Fettah Alaoui and the Director of the Maghreb and Malta Department at the Regional Office for the Middle East and North Africa (MENA) of the World Bank (WB), Jesko Hentschel.