United Nations Security Council meets on the situation in the Middle East, including the Palestinian question

AfDB, OCP Group Seal €450 Mln Green Financing Deal

The African Development Bank (AfDB) Group and OCP Group signed an agreement on Friday in Rabat for a €450 million partial credit guarantee to help finance the investment program of the global leader in plant nutrition solutions and phosphate fertilizers. This operation is intended to support the mobilization by Société Générale and BNP Paribas of […]

Morocco’s economic growth to drop to 0.7% due to drought, war in Ukraine

Morocco’s central bank revised downwards this year’s growth forecast to 0.7% amid rising inflationary pressures due to fallout of the war in Ukraine and as Morocco faces an unprecedented growth. The Bank said Morocco’s cereals harvest will drop to 25 million quintals from 103 million quintals last year, amid a 57% rainfall deficit which meant […]

Algeria: Former PM to head Bouteflika’s elections campaign team

Abdelmalek Sellal, the ex-Algerian Prime Minister, will head the campaign team of President Abdelaziz Bouteflika who has officially announced his plans to run for a fifth term in office Sunday. According to the state-run news agency APS, which also announced Bouteflika’s candidacy for a fifth five-year term in April’s elections, Sellal was appointed to the […]