The US government’s development finance institution, the Overseas Private Investment Corporation (OPIC), has approved an $87 million loan to Lekela Egypt Wind Power BOO. According to local media, Lekela Egypt Wind Power BOO, a subsidiary of Lekela Power, an independent power producer (IPP) based in Amsterdam, Netherlands, will use the loan to develop the Ras […]
The World Bank has launched a new Sweden-funded Trade Facilitation Support Program (TFSP) in Middle East and North Africa (MENA) that aims to streamline trade processes, reduce costs, and enhance connectivity, thereby boosting regional and international trade. By aligning with international standards and focusing on inclusive growth, the TFSP is designed to boost economic development, reduce […]
Moroccan authorities thwarted on Thursday an illegal migration attempt in the Saharan city of Tan-tan where they captured 13 persons (including 10 from Sub-Sahara and three from Morocco) who were preparing their risky high-sea crossing toward Europe. The combing operation carried out by the local security forces led to the discovery and seizure of two […]
