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AfDB lends Morocco Over €600 Mln to fund four inclusive development projects
The African Development Bank has agreed to provide Morocco four loans totaling over €600 million to enable the North African Kingdom build a 105-km long highway, enhance territorial competitiveness, modernize the university, and support sustainable forest development. The agreements were signed Wednesday in Rabat by Minister in charge of the budget Fouzi Lekjaa and the […]
Morocco denies establishment of military base near Algerian border
Morocco’s army has denied claims it is building a military base near its eastern border with Algeria, saying it is only planning the building of a military barracks. “The Royal Armed Forces, as part of a global relocation project of military barracks with the aim of liberating urban land, across the kingdom, is building a […]
Russia-Ukraine War Impacts Severely on Nigeria’s Economy
With Russia’s invasion of Ukraine in its seventh month, Nigerians are feeling a harder punch with the scarcity of energy sources, wheat and fertilizer, as well as a worsening foreign exchange scarcity. While oil and gas exports account for 90% of Nigeria’s foreign exchange earnings, falling oil output and demographic growth mean that production is […]



