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Morocco, Quebec Create Joint Financial Company
Morocco-Canada, Business, 1/26/2002
Morocco and Quebec set up a financial company for venture capital management, called Access Capital Atlantique (ACASA).
The joint company was set up by the Moroccan "Caisse de D?p?t et de Gestion" (CDG) and Quebec's "Caisse de D?p?t et de Placement (CDP).
The management company will run a 300 Mln Dirham (US$ 26 Mln) capital. The funds will finance small and medium-sized enterprises.
The activities of the new firm will be launched in Casablanca Monday.
Previous Stories:
Morocco, Quebec set up $ 50 million risk-capital
(11/1/2000)
Moroccan Air Carrier and Canada-based Moroccans' Federation sign agreement
(5/19/2000)
Canadian businessmen in Morocco
(4/17/2000)
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