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UNHRC: Forty Countries Reiterate Firm Support for Morocco’s Sovereignty Over Sahara

A group of 40 States have reiterated steadfast backing for Morocco’s full sovereignty over its entire Saharan territory and welcomed UN Security Council Resolution 2797, endorsing the Moroccan Autonomy under the Kingdom’s sovereignty. In their joint statement made at the 62nd session of UN Human Rights Council convening in Geneva, these countries commended UN Security […]

World Bank to resume partnership with Tunisia after two-month hiatus

The World Bank announced Wednesday the resumption of its partnership with Tunisia, two months after suspending cooperation with the North African country following President Kais Saied’s remarks on Sub-Saharan African migrants deemed racist. Tunisia and the Washington-based institution prior March were in talks for a $500 million program encompassing direct support to the hardest-hit families […]

BMCE Bank of Africa Gets €35 Mln Loan for Energy Efficiency Projects

Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]