AfDB to provide $350m to Egypt before end of 2023

Abdourahmane Diaw, the African Development Bank (AfDB) country manager for Egypt, has revealed the Abidjan-based lender will provide the North African country with $350 million in financing for public and private development projects before the end of 2023. The financing will go to the private sector via credit lines to loaning companies and bank and […]

Morocco-US: MCC funds development of three new industrial parks

The Millennium Challenge Corporation (MCC) will fund the development of three new industrial parks in Had Soualem, Bouznika and Sahel Lakhyayta, reports L’Economiste daily. The MCA-Morocco Agency has already launched tenders for the planning, development and management of these three parks, to extend over 140 hectares. The parks are aimed to attract investment and create […]

Sahara: El Salvador reiterates support for Morocco’s sovereignty over its Southern Provinces

Visiting Vice President of El Salvador, Felix Ulloa, said on Monday in Rabat that his country has always backed the Kingdom’s sovereignty over its southern provinces. He reiterated El Salvador’s support to Morocco’s territorial integrity and to the autonomy plan as the “only solution” to the Sahara regional dispute. Ulloa told the media that during […]