Antonio Guterres

OPEC Fund lends Morocco $100 Mln for financial inclusion & digital entrepreneurship

The OPEC Fund for International Development has lent Morocco $100 million to enhance financial inclusion, modernize the economy and mitigate the impact of Covid-19 pandemic. The loan, supported by the World Bank, will enable Morocco implement reforms to provide households and firms with affordable, transparent and sustainable financial services. It aims to ensure financial inclusion […]

Africa caught in crossfire as China warns against U.S.-aligned trade deals

Amid a deepening U.S.-China trade war, Beijing has issued a stern warning to nations — particularly in Africa — not to strike trade deals with the United States “at the expense of China’s interests,” raising the stakes for countries already grappling with economic strain. China’s Ministry of Commerce declared it “will never accept it and […]

Algeria: Covid-19 deaths surge amid oxygen shortage, health crisis mismanagement

The Algerian health system reels under the surge of coronavirus deaths due to an acute lack of oxygen. Official two digit figures of deaths and infections of about 2000 daily are but the tip of the iceberg according to doctors. Algeria has maintained a blackout on real figures related to infections since the pandemic outbreak. […]