Financing of SMEs: Banks to Apply Lowest Interest Rates Ever

In implementation of King Mohammed VI’s instructions to make the banking system conducive to development and to lower the rate of interest on loans within the framework of the integrated program of support and financing of SMEs, it has been decided that the interest rate will not exceed 2%. In response to the wishes of […]

Morocco Equips its F16 Fighters with Anti-ship Missiles

Morocco has acquired the mighty anti-ship AGM84 missiles that will be carried by its F16 fleet, Moroccan defense news website Far-Maroc said. The new weapon will further boost Morocco’s deterrence capabilities in its arms race with neighboring Algeria. The two countries are bogged down in a cold war against the backdrop of Algeria’s support for […]

Rwanda, US Nano Nuclear Energy sign MoU for construction of small nuclear reactors

The Rwandan government signed, on Wednesday August 14, a memorandum of understanding with the American company Nano Nuclear Energy for the construction of small nuclear reactors (SMR), announced the Rwandan Atomic Energy Authority (RAEB). Smaller and simpler in construction than conventional power plants, SMRs are reactors that are mass-produced in a factory and then transported […]