ZEFZAFI

Algeria runs against global counterterrorism efforts

Algeria, the country from which terrorism sprouted to plague the whole Sahel and beyond, has issued a statement opposing a ministerial meeting in Marrakech of the Global Coalition to Defeat ISIS. The reason was that the closing statement warned of the dangers of the collusion between separatists- which Algeria supports- and terrorist groups. In a […]

World Bank Loans Morocco $350 mln in Support of Financial Reforms

The World Bank announced a $350 million program to support wide-ranging reforms of financial intermediation in Morocco, including new sources of financing for small and medium enterprises (SMEs). The loan also aims at improving the regulatory oversight of the banking sector and supporting the capital market development by broadening the range of instruments and strengthening […]

AfDB pledges over $1 Bln to support Morocco’s climate resilience for inclusive development

The African Development Bank has pledged to provide Morocco more than $1 billion over the next two years to enable the North African country cope with drought and support climate-resilient agricultural initiatives seeking to boost farming production and ensure food security. The announcement was made Tuesday by AfDB Vice-Pdt Beth Dunford following her working visit […]