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EIB mobilizes €500 million for Morocco quake recovery

The European Investment Bank (EIB) has mobilized 500 million euros in support of Morocco’s reconstruction efforts in quake-hit areas in the Atlas mountains, the bank said. The financing will help Morocco rebuild and upgrade essential infrastructure in the hardest-hit areas, including roads, schools and healthcare facilities, according to an EIB statement. The new tranche brings […]

Morocco, Gateway for UK Businesses in Africa

As the United Kingdom braces for a hard Brexit without a deal with the European Union, the British government is looking for business opportunities outside the European bloc, focusing on building stronger economic cooperation ties with its traditional partners in America, Asia and Africa in addition to those of the Commonwealth. It is in this […]

Algeria: the political system is ossified; aging leaders reject any genuine opening – US Think Tank

The Washington-based Middle-East Institute (MEI) has described the political Algerian system as ossified as “the aging leaders reject any genuine opening” while massive street protests are resuming. ”Domestically, Algeria’s leaders are old and President Abdelmadjid Tebboune, strongly backed by the army, is ailing (…) The political system is ossified but the aging leaders reject any […]