Feltman-Libya

Exclusion of Russia from SWIFT System casts doubt over Algeria’s arms deal

The $7 billion arms deal the Algerian military regime sealed last year with the Kremlin has hit a serious snag after the European Union, the US, the UK and their allies have banned Russian Banks from SWIFT system in response to Russia’s invasion of Ukraine. The move of unplugging almost all Russian banks from the […]

Moroccan, Spanish Cooperation Agencies to Set up Joint Projects in Africa

Morocco’s international cooperation agency (AMCI) and Spain’s International cooperation for development agency (AECID) vowed to coordinate efforts to set up joint projects in Africa. In this regard, AECID director general Luis Tejada Chacon held talks in Rabat with his Moroccan counterpart Mohamed Methqal during which it was agreed that the two agencies gear efforts in […]

Morocco to invest $10.8 bln to develop irrigation over 2020-2027

The Moroccan government has earmarked 10.8 billion dollars or 115 billion dirhams to expand irrigation programs from 2020 to 2027. This came at a meeting chaired by head of the government Aziz Akhannouch, as farms in drought-stricken regions suffer from diversion of irrigation water to supply households. The investment aims to mitigate the impact of […]