Keywords: Earthquake Recovery


EBRD grants €10M loan to boost youth entrepreneurship in Morocco

The European Bank for Reconstruction and Development (EBRD) has approved a €10 million loan to Fondation Arrawaj, one of Morocco’s leading microfinance institutions. The financing aims to empower young entrepreneurs and small businesses, particularly in regions affected by the Al Haouz 2023......

Post-earthquake recovery: Over 46,000 families rebuild homes in Al Haouz

More than 46,000 families in Morocco’s Al Haouz province have rebuilt or rehabilitated their homes following last year’s devastating earthquake. The reconstruction efforts, supported by a national recovery program, have been backed by significant financial allocations exceeding MAD 4.2 billion......

EBRD, EU, and Finéa collaborate to revitalize small businesses after Al Haouz earthquake

The European Bank for Reconstruction and Development (EBRD) has joined forces with the European Union (EU) and the Moroccan financing institution Finéa to provide essential support to small businesses in regions impacted by the devastating Al Haouz earthquake. On September 8, 2023, a powerful......

Al Haouz earthquake recovery: Government updates on reconstruction efforts

The reconstruction efforts following the Al Haouz earthquake have made significant strides, with over 33,600 families having completed the reconstruction of their homes. Currently, 52,669 residences remain under construction. The government highlights notable advancements across various sectors, including......

EIB strengthens Morocco’s economy with strategic investments

The European Investment Bank (EIB) is enhancing Morocco's sustainable development through significant financial and technical initiatives aimed at fostering economic resilience. In a notable achievement, the EIB has surpassed €10 billion in investments in Morocco since its inception in 1979.......

Morocco, Germany, and Denmark collaborate on €12 million water project for earthquake recovery

The Moroccan Ministry of Equipment and Water, in partnership with the German and Danish embassies, has initiated a €12 million project focused on water resource management in the High Atlas region, which suffered significant damage from the September 2023 earthquake. This initiative, titled "Sustainable......

Moroccan Activist Faces Prison After Earthquake Aid Criticism

The Moroccan judiciary has sentenced activist Said Ait Mahdi to a three-month prison term for his criticism of local authorities' handling of earthquake recovery efforts in the Marrakech region. The verdict, delivered on Monday, also included a fine of 10,000 dirhams ($1,000) in damages to each civil......

China Mobilizes Space Assets: 8 Satellites Track Deadly Xizang Earthquake Impact

In a swift response to Tuesday's devastating 6.8-magnitude earthquake in Xizang Autonomous Region's Dingri County, Chinese authorities have orchestrated an advanced satellite monitoring operation to support rescue and recovery efforts. The State Council reports that eight satellites, including......

Morocco Invests $80 Million in Post-Earthquake Healthcare Reconstruction

Morocco has launched a comprehensive MAD 800 million ($79.29 million) healthcare reconstruction initiative in the earthquake-affected Al Haouz region, marking a significant step in the country's recovery efforts following the devastating September 2023 earthquake. Health Minister Amine Tahraoui,......