Dakhla hosts first Moroccan-Spanish investment forum

The southern city of Dakhla hosted Tuesday the first Moroccan-Spanish investment forum to be held in the region to explore opportunities for the development of economic and trade cooperation between the two countries. The forum, organized by the Council of the region of Dakhla Oued Eddahab, in partnership with the Ministry of Industry and Trade, […]

AfDB loans Morocco €100 million in support of infrastructure projects

The African Development Bank (AfDB) approved a €100 million loan for the Municipal Equipment Fund (FEC) to finance new investment and public infrastructure projects in Morocco. These projects will help improve the quality of public services, especially in rural areas as well as spur revenue generating activities, according to an AfDB press release. “We are […]

EU to deploy military force to Mozambique; Rwanda, SADC also send troops to fight rebels

Mozambique’s ability to adequately fund government ministries – including its military – has been hamstrung by tight fiscal rules imposed by the International Monetary Fund as conditions for granting loans. Now, Maputo must reluctantly invite foreign forces onto its territory, something its fiercely independent government has long resisted doing. The European Union has created a […]