47
Economics1h 31m ago

Morocco's textile recycling pilot could attract US$1.9 billion in private investment and create more than 30,000 jobs if expanded nationally.

Morocco

Who
International Finance Corporation (IFC), Moroccan textile exporters, European Union, private firms, government, informal workers
What
Morocco's textile recycling pilot could attract US$1.9 billion in private investment and create more than 30,000 jobs if expanded nationally.
When
Thu, 11 Jun 2026 15:44:52 GMT · 1h 31m ago
Where
Morocco ·
Why
The initiative aims to transform factory textile waste into new materials, create jobs, attract investment, and enhance export competitiveness.
The Frontline Impact

How this affects you

This circular economy approach could significantly boost Morocco's economy, formalize a large informal workforce, and strengthen its position in global textile supply chains, particularly in response to stricter EU sustainability regulations.

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