Laval University Canada

Libya: Morocco commended for its facilitation efforts in crisis settlement process

Several countries have joined their voices to international and regional organizations to commend Morocco for its facilitation efforts in the settlement process of the Libyan crisis. The United Nations, through the Secretary-General’s spokesperson, Stéphane Dujarric, expressed thanks to Morocco for its efforts to facilitate compromises on electoral laws between Libyan parties convening in Bouznika. The […]

EIB supports Morocco’s railway infrastructure upgrading with €200 Mln loan

The European Investment Bank (EIB) and the Office National des Chemins de Fer (ONCF) have signed on Wednesday a €200 million (2.1 billion dirhams) financing contract, which represents 80% of a total sum of €250 million earmarked by the European financial institution to support ONCF’s investment plan. The ONCF’s investment plan aims to renew the […]

Renault considers closing Algeria plant after import restrictions

French automaker Renault is considering shutting down its plant in Algeria after authorities in the northern African country took measures to curb imports of car parts. The Algerian news agency APS said the French carmaker will close its plant next November after Algeria imposed measures to reduce bill of imports of semi knocked down and […]