algeria-unrest

Post-Covid: Moroccan CIH bank gets €40 Mln EBRD loan to support local businesses

The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €40 million loan package to Moroccan bank “Crédit Immobilier et Hôtelier” to enable it enhance the resilience of local trade and businesses affected by covid-19 pandemic. Under the agreement sealed by the two parties, the EBRD will provide a €20 million loan to […]

Morocco Thwarts another Illegal Migration Operation

Moroccan authorities thwarted on Thursday an illegal migration attempt in the Saharan city of Tan-tan where they captured 13 persons (including 10 from Sub-Sahara and three from Morocco) who were preparing their risky high-sea crossing toward Europe. The combing operation carried out by the local security forces led to the discovery and seizure of two […]

China-Africa Expo: despite many ‘deals’, 37 African countries still in trade deficit

As the third China-Africa Economic and Trade Expo (CAETE) concluded in Changsha on Sunday June 2, with $10.3 billion worth of projects signed, analysts say that the economic cooperation between both sides will need to build on past lessons and successes to really reshape China-Africa trade. With bilateral trade between China and Africa totaling $282 […]