Tanger Med

Fears of Uncontrollable Inflation Haunt Tunisia as Trade Deficit Deepens

Tunisia’s economic indicators are “frightening” as the country is unable to defend its currency “even if it wanted to,” and must instead focus on narrowing its trade deficit to revive the economy, Central Bank Governor Marouane El Abassi said. The statement reflects the depth of the country’s economic and financial crisis after the Central Bank […]

Arab Mohammed VI Cup: Raja Casablanca edge towards Semi-finals after defeat of Algeria’s Mouloudia club

Morocco’s Raja Casablanca Saturday made a giant stride towards the semi-finals of the Arab Cup also known as the Mohammed VI Cup after beating Mouloudia Club of Algiers during the first leg of the quarter-finals. The visiting side carried day with a 2-1 score line largely in favor of Moroccans. Dominated during the first half, […]

Burkina Faso: AfDB allocates €48.82 million for a power plant

The African Development Bank (AfDB) has just allocated €48.82 million to Burkina Faso for the construction of a solar plant. The funding was allocated in the form of a loan to build a 52 MW power plant as part of the bank’s “Desert to Power 2020-2024” initiative. Upon completion, the plant will provide energy to […]