Morocco-France sign agreement on set up of innovative projects

Morocco and France signed Monday an agreement on the set up of a joint fund for innovative projects, especially in the field of telecoms. The agreement was signed between the Moroccan state-owned Caisse Marocaine de Depots et de Gestion (CDG) and French Caisse française de depots et de consignations (CDC).

The fund will finance engineering, new information technologies and telecoms projects, as well as new services and products offered for the first time by young enterprises in Morocco.