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ifc supports kazyon's morocco expansion with 30 million dollar loan
The International Finance Corporation (IFC) is providing a USD 30 million loan to Kazyon Group to support its expansion in Morocco's grocery retail sector. This initiative aims to increase Kazyon's store network and warehousing, creating over 3,000 direct jobs while enhancing food accessibility and safety for low-to-middle-income consumers. Kazyon, established in 2014, operates over 150 stores in Morocco and is committed to providing affordable groceries, particularly in underserved regions.
IFC supports Kazyon's expansion in Morocco with 30 million dollar loan
The International Finance Corporation (IFC) is providing a USD 30 million loan to Kazyon Group to support its expansion in Morocco's grocery retail sector. This initiative aims to increase Kazyon's store network and warehousing, creating over 3,000 direct jobs while enhancing food accessibility for low-to-middle-income consumers. Kazyon, established in 2014, currently operates more than 150 stores in Morocco and is committed to making nutritious food more accessible.
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