horst-koehler

Kenya demands renegotiation of $5bn borrowed from China

Kenya wants to renegotiate a multibillion-dollar loan from China that was used to build a major railway because though the country is up to date on its payments, it cannot continue with the current 20-year schedule. Answering questions from a parliamentary committee, Kenya’s incoming transport minister, Kipchumba Murkomen, said the country will have to ask […]

Morocco: FDI Flow, Expatriates’ Remittances Grew in 2017

Remittances of Moroccans living abroad, one of the main source of foreign exchange reserves in Morocco, grew by 4% in the first eleven months of 2017 to stand at 60.2 billion dirhams ($6.5 bln), while FDI flow in the country grew by 13.2% to 21.8 billion dirhams over the same period compared to 19.3 billion […]

Former Spanish PM: Autonomy Plan is “Most Solid, Safest Solution for Western Sahara”

Spain’s former Prime Minister Jose Luis Rodriguez Zapatero said that he has been supporting the Autonomy Plan since its introduction by Morocco in 2007. Zapatero argued that Morocco’s “serious and credible” initiative is in line with the UN-led political process seeking to find a realistic and lasting solution to the dispute. Zapatero made his remark […]