Morocco, Quebec Create Joint Financial Company

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.