Breaking 17:30 Royal Caribbean scraps Mexico water park after environmental backlash, president says 17:15 Carney thanks former Canadian environment minister ahead of expected party resignation 17:00 Exxon wins shareholder backing for Texas move, defeats retail voting proposal 16:45 Bank of America CEO expects 15% growth in Q2 trading revenue 16:30 India’s MobiKwik targets $500 million NBFC loan book, CEO says 16:15 HM King Mohammed VI congratulates Nawal Sfendla after Everest and Lhotse ascent 16:00 Turkish police attempt to block opposition rally amid CHP leadership crisis 15:45 Boeing increases 737 production after consulting U.S. aviation regulator 15:30 Czech public media urge government to stop funding overhaul and proposed fee cuts 15:15 American Airlines plans to double India tech hub workforce, sources say 15:00 Italian Supreme Court rules hotels are not required to serve free tap water 14:45 Morocco PME prepares a nationwide roadshow to promote the TPME Pact 14:30 Open interest in natural gas and power markets reaches record levels on ICE 14:15 Chevron shareholders reject proposal for independent board chair 14:00 Netherlands deploys minesweeper amid Hormuz security preparations 13:45 Former Red Army Faction militant sentenced to 13 years in Germany 13:30 Canada chooses Swedish early warning aircraft over U.S. competitor 13:15 Ebola outbreak in Congo spreads rapidly as global response struggles to keep pace 13:00 Oil prices fall 5% amid optimism over possible Iran-US agreement 12:30 Manchester United reports nearly $16 million net loss in third quarter 12:15 Romuald Wadagni becomes Benin’s first president under new seven-year mandate system 12:00 India on track to become stock-pickers’ market in June, brokerages say 11:45 Turkish opposition party to hold congress once legal conditions are met, chair says 11:30 Wall St futures rise on AI optimism as investors eye Middle East truce 11:15 Paris prosecutors probe alleged foreign smear campaigns in local elections 11:00 Pope Leo decries sharp intensification of war in Ukraine 10:49 HM King Mohammed VI performs Eid Al-Adha prayer at Ahl Fès Mosque in Rabat and receives well-wishers 10:45 Bolloré rejects Ackman’s $64 billion bid for Universal Music Group 10:30 Iran war splits global markets into clear winners and losers 10:15 South Korea says Hormuz ship attack likely involved Iranian missile 10:00 Tobacco use and sales continue to decline in France 09:55 Spanish Civil Guard enters Socialist Party headquarters amid investigation into former activist 09:45 Philippines launches independent truth commission to investigate drug war killings 09:30 Ten Indian sailors freed in Iran after months of detention 09:15 UK grocery inflation eases as Iran conflict impact remains limited 09:00 Iran’s Revolutionary Guards say the risk of renewed war remains low 08:45 Mauritanian President congratulates HM King Mohammed VI on Eid Al-Adha 08:30 Senegalese President congratulates HM King Mohammed VI on Eid Al-Adha 08:15 Pilgrims Stone Satan near Mecca on the first day of Eid Al-Adha 08:00 Eid Al-Adha: HM King Mohammed VI receives congratulations from the Vice President of the United Arab Emirates 07:45 Turkish President congratulates HM King Mohammed VI on Eid Al-Adha 07:30 Eid Al-Adha: HM King Mohammed VI receives congratulations message from the President of the Union of the Comoros 07:16 France opens investigation into alleged foreign interference linked to Israeli firm 07:07 Cuba faces a critical historical moment, warns writer Leonardo Padura

Keywords: IFC


Tanger Med port invests $500 million to double truck terminal capacity

Tanger Med, Morocco's largest port and a critical logistics hub in the Mediterranean region, has unveiled a $500 million (MAD 5 billion) project to expand its dedicated truck terminal. The initiative aims to double the terminal's capacity, aligning with the surge in Morocco's trade activity,......

Morocco launches WE Finance Code to empower women entrepreneurs

Morocco has taken a bold step in promoting women’s economic empowerment through the launch of the WE Finance Code initiative. Spearheaded by Bank Al-Maghrib (BAM), the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), the initiative aims to......

African forum on agricultural investment focuses on innovation and long-term growth

Benguerir has emerged as a pivotal location for Africa’s agricultural visionaries this week, hosting the third edition of the African Forum on Investment in Agricultural Value Chains. This event highlights innovation and investment as essential tools for sustainable transformation within the continent's......

TAMWILCOM and Flat6Labs unite to propel Moroccan startups at GITEX Africa 2025

Marrakech — In a significant move to bolster the Moroccan startup ecosystem, funding institution TAMWILCOM has partnered with Flat6Labs, a prominent startup accelerator in the MENA region, during GITEX Africa 2025. This collaboration aims to launch a new acceleration program tailored for innovative......

GITEX Africa 2025: Spotlight on artificial intelligence in Morocco

The third edition of GITEX Africa 2025 is set to take place from April 14 to 16 in Marrakech, under the high patronage of King Mohammed VI. This year's event promises to be a significant gathering, featuring 1,500 exhibitors and 800 startups, including 200 Moroccan companies supported by the Ministry......

Moroccan textile sector accelerates transition to circular economy with IFC support

The Moroccan textile industry is taking a significant step towards a more sustainable future, driven by a strategic transition to a circular economy model. With the support of a $1.7 million program funded by the International Finance Corporation (IFC), the sector is aiming to establish a recycling and......

Building Financial Infrastructure Resilience at AFIS 2024

The discussions on Day 2 of the Africa Financial Summit (AFIS) focused on solutions to steer the continent toward a more connected and inclusive financial future. Casablanca – Africa Financial Summit Shaping Financial Future The Africa Financial Summit (AFIS) is in full swing, with a strong focus......

Morocco's OCP Plans $14 Billion Investment Strategy for 2025-2027

Morocco's state phosphate company OCP has announced an ambitious MAD 139 billion ($14 billion) investment plan spanning 2025 to 2027, marking a significant expansion of its operations and sustainability initiatives. According to a recent report from the Ministry of Economy, the investment will be......

IFC Injects $37 Million to Modernize Morocco's Logistics Infrastructure

In a significant move to strengthen Morocco's logistics sector, the International Finance Corporation (IFC) has announced a $37 million investment in Building Logistics Services (BLS), a key logistics operator in the North African nation. The agreement, signed during the International Monetary Fund......

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