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Algeria : €10billion arms deal to be announced in weeks
Algeria will be embarking on a spending spree to reinforce and renew its military arsenal with a budget of more than €2 billion. The North African region has been threatened by the presence of terrorist groups that have gained more force in the aftermath of the Arab Spring. Algeria has been able to avoid anti-government […]
AfDB contributes $220 mln to Improve Industrial Competiveness in Morocco
The African Development Bank (AfDB) last week announced a contribution of $220 million to implement a results-oriented program intended to improve territorial competitiveness in Morocco. The program, part of Morocco’s efforts to implement its industrial acceleration plan at the level of regions, is aimed at setting up new industrial poles, attracting private investors and generating […]
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 […]



