Morocco economy

AfDB to provide $350m to Egypt before end of 2023

Abdourahmane Diaw, the African Development Bank (AfDB) country manager for Egypt, has revealed the Abidjan-based lender will provide the North African country with $350 million in financing for public and private development projects before the end of 2023. The financing will go to the private sector via credit lines to loaning companies and bank and […]

Moroccan operators pursue industrial sovereignty in desalination technology

Morocco’s ambitious push to meet 60 percent of its water needs through desalination by 2030 has sparked a critical drive toward industrial self-sufficiency in this vital sector. As the country battles its seventh consecutive year of drought, developing domestic expertise has become essential for adapting solutions to local conditions and reducing long-term costs. The kingdom […]

Retrial of Mubarak May Spell More Trouble for Egypt

It seems that Egypt is heading for more trouble and showdown between the Muslim Brotherhood and the Liberals as the country braces for the re-trial of the toppled former Egyptian President Hosni Mubarak. This retrial is a real test of the independence of the judiciary system under the Muslim brotherhood-led government. Mubarak, who was sentenced […]