Bank of Africa of Moroccan BMCE Group has received a €25 million funding provided by the European Bank for Reconstruction and Development (EBRD), with the support of the Green Climate Fund (GCF) and the European Union (EU) to bolster Morocco’s green economy. The announcement was made Friday by the EBRD which contributed €18.75 million, while […]
King Mohammed VI ordered the allocation of 10 billion dirhams ($1 billion) to mitigate the impact of drought on farmers, the Royal Palace said. Morocco has registered a rainfall deficit of 64% jeopardizing this year’s harvest and putting farmers in a difficult financial position. Hassan II fund for economic and social development will contribute by […]
Algeria’s former Prime Minister Abdelmadjid Tebboune had won Thursday’s presidential election. He secured 58% of the vote, enough to forego a second round, the electoral body said. The final voter turnout was 40%, the electoral body’s head said in a televised news conference in Algiers. Tebboune, who served as housing minister under Bouteflika and briefly […]
