AfDB loans Morocco €350 mln, promises €650 mln for World Cup infrastructure financing

The African Development Bank signed a loan agreement worth 350 million euros in support of Moroco’s economic governance, climate resilience, water management, and industry as it also plans to extend a financing of 650 million euros to help Morocco develop transport infrastructure. As part of the first loan, signed during the Africa Investment Forum (AIF) […]

Morocco renews urgent call for immediate ceasefire in Gaza

Morocco has renewed its urgent call for an immediate ceasefire in Gaza, reaffirming its rejection of any form of violence against civilians and stressing the need to put an end to the dangerous situation which is no longer acceptable on legal and humanitarian levels. Representing Morocco at an international conference held Thursday in Paris, Fouad […]

Spain: People on the dole to near 6 million in 2013

The number of people on the dole in Spain will near 6 million in 2013, i.e. more than a quarter of the workforce in the country. The gloomy unemployment figures were disclosed this week by the Spanish Confederation of Business Organizations (CEOE) which underlined that the labor reform adopted by the government will not curb […]