sinai

AMF supports Morocco’s public finance sector reform with a new $211 million loan

The Arab Monetary Fund has extended Morocco a new $211 million loan, within the framework of the Structural Adjustment Facility, to support a reform program in the public finance sector,  the Arab financial institution announced in a statement released Friday. The loan agreement was signed on May 23 by Morocco’s Economy and Finance Minister Mohamed […]

Africa needs to invest $9.3bn to expand oil infrastructure — report

With Africa’s aging mid- and downstream oil products supply infrastructure, the countries on the continent must invest a combined $9.3 billion to expand fuel-transportation infrastructure to avoid supply disruptions as demand grows, according to a new report by energy company Puma Energy and Africa energy consultancy CITAC. The rapidly growing populations and urbanization trends, which […]

Libya willing to restore air connectivity, open a shipping line with Morocco

Libya has expressed its willingness to restore air connectivity with Morocco and its commitment to any initiative aimed at opening a shipping line between the two countries. This came at a meeting in Rabat between Libyan Minister of Transport Salem Al Shahoubi, and his Moroccan peer Mohammed Abdeljalil on the sidelines of the high-level ministerial […]