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EIB supports microcredit activity in Morocco with €10 million

The European Investment Bank (EIB) will support income-generating microcredit activities in Morocco with a €10 million loan. The loan to be extended to the financing company of microfinance organizations “Jaida” will strengthen the company’s capacity to finance microfinance institutions in Morocco and support its action meant to promote financial inclusion and social development, said a […]

Mauritania to send ground boots to Yemen, military source

Some 500 Mauritanian military forces are gearing up to join Saudi Arabia–led military coalition in Yemen to combat Houthi rebels, military sources said. “Soldiers of the armed forces who are ready to be sent to Saudi Arabia, completed over the past weeks their military training at Atar military school located in the centre of the […]

Dim Prospects for Algeria’s Gas Exports

Algeria’s gas production and export capacity is facing dim prospects with estimates the North African country to be a net gas importer of Liquefied Natural Gas (LNG) in two decades, warned the former Algerian energy minister Nordine Ait-Laoussine. Ait-Laoussine, who was speaking to Interfax Natural Gas Daily, said that politics and bureaucracy are contributing to […]