Money laundering

Egypt: World Bank helping to create job opportunities

World Bank has pumped a quarter of a billion dollar in Egypt to create job opportunities. The money is channeled through labor-intensive projects with the objective of developing skills and easing the employment of people. Priority is being given to those in the poorest areas of the country such as Upper Egypt. The bank’s country […]

AfDB lends Tunisia €104m to implement road modernization project

The African Development Bank, AfDB, has approved the allocation of €104 million to Tunisia for the implementation of the 2nd phase of the Road Infrastructure Modernization Program (PMIR II). The Abidjan-based financial institution is a press release said the program seeks to establish an efficient and sustainable transport system capable of developing intra- and inter-regional […]

European Carmakers Draw a Red Line: Morocco’s Industrial Role Must Be Preserved in EU Rules

The Association of European Automobile Manufacturers (ACEA) has published its official position on the European Union’s proposed Industrial Accelerator Act (IAA), backing the Made in Europe concept while firmly opposing any implementation that would penalize production chains already established outside the Union, particularly in Morocco and Turkey. The statement marks the first time the association […]