Although it is self-evident that Algeria backs the separatist Polisario fronts militarily, financially and diplomatically, Algiers refuses to pull its head out of the sand and formally acknowledge its responsibility in perpetuating the Sahara conflict. While Algerian officials and diplomats maintain that their country is not concerned with the Sahara issue, the Polisario has unveiled […]
The International Finance Corporation provides al Amana Microfinance, one of Morocco’s largest micro lenders, $8 Million loan to support smaller businesses, especially those run by women. Under the partnership agreement sealed Wednesday, al Amana will use the money to extend its reach to more micro-entrepreneurs and informal enterprises. At least half of the proceeds will […]
According to the analyses of the president of Canada’s International Development Research Centre (IDRC), David Malone, the 4.8 billion International Monetary Fund (IMF) loan is insufficient to end to end Egypt’s economic woes. President Malone is in Cairo when he said that what Egypt needed is not a “western tailored” development model. Malone, a renowned […]
