Morocco gas discovery

COVID-19: Morocco denies information on reimposing of lockdown as fake news

The head of the Moroccan government, Saad Eddine El Othmani, has categorically denied the information circulated about a nationwide lockdown to curb the spread of the COVID-19 as fake news. A fake statement circulating online over the weekend claimed that the government is set to announce a lockdown on Sunday after a government council meeting. […]

Algerians celebrate Bouteflika’s resignation

Immediately after the announcement of the resignation of President Abdelaziz Bouteflika, Algerians took to the street to celebrate the move. express their joy after the. Thousands of Algerians flocked to Audin Square in Algiers to express their joy. The same celebration took place downtown all other major cities of the country. The departure of the […]

BMCE Bank of Africa Gets €35 Mln Loan for Energy Efficiency Projects

Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]