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IMF approves $1.3bn loan for debt-stressed Zambia
Zambia, the first African country to default on its debt in the COVID-19 era, has won International Monetary Fund board approval for a $1.3bn support package, an important step towards the nation restructuring its debt and a boost for the global effort to help indebted developing nations. The lending plan — an Extended Credit Facility […]
Spain, Morocco’s First Trading Partner in 2016
Spain remained Morocco’s top trading partner in 2016 with trade turnover totaling $10.6 billion up from $9.3 billion in 2015, Morocco’s foreign exchange regulatory authority, L’Office des Changes said. Between 2015 and 2016, Morocco’s imports from Spain rose from $4.4 billion to $6.2 billion, while its exports to the country jumped from $4.2 billion to […]
UNHRC: Mauritanian NGO denounces alarming situation in Tindouf camps
The Mauritanian NGO “Réseau Unité pour le Développement de Mauritanie” has denounced in a complaint to the UN Human Rights Council in Geneva the alarming situation prevailing in the polisario-controlled Tindouf camps in Algeria. In the complaint submitted to the HRC, NGO chairman Mohamed Vall Barka decried the intimidation and repression suffered by human rights […]



