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Morocco: AfDB approves €120 million loan to support entrepreneurs, SMEs, stimulate recovery

The Board of Directors of the African Development Bank (AfDB) on Wednesday in Abidjan approved a €120 million loan to Morocco to implement the country’s Financial Inclusion, Entrepreneurship, and the support program to very small & medium enterprises (SMEs).   The Bank’s support will enable companies in difficulty to recover their activity and safeguard jobs […]

Polisario Suffers Resounding Defeat in Panama

The Algerian-sponsored Polisario separatists suffered a severe setback when Panamanian authorities refused to hold a vessel carrying Phosphates from the Moroccan southern provinces heading to Vancouver in Canada. The Panamanian authorities let the ship continue sailing to its Canadian destination carrying 55,000 tons of phosphate after it had been previously held for few days upon […]

EU backs Sahara negotiations on basis of Morocco’s autonomy plan

The European Union has welcomed the UN Security Council Resolution backing autonomy under Moroccan sovereignty as a basis for talks to settle the Sahara conflict. This marks a shift in the EU’s position which has for long echoed UN calls for a political, lasting and mutually acceptable solution, without defining the direction of negotiations. The […]