Egypt’s team new coach Hossam El-Badry

EBRD provides €50 Mln to two Moroccan banks to support Morocco’s green transition

The European Bank for Reconstruction and Development has approved loans totaling €50 million to two Moroccan banks, namely “Crédit du Maroc” and “Société Générale Maroc” (SGMB), destined to boost Morocco’s green transition. The loan agreements were signed at the EU-Africa Business Forum in Brussels, co-organized by the European Commission, the African Union Commission, and African […]

Madagascar in search of $100m to revamp flag carrier

Madagascar Airlines needs $100 million for its rehabilitation, Valery Ramonjavelo, the country’s Minister of Transport and Meteorology has announced, explaining that the funds aim at making the State-run airline independent. The airline, launched in April 2022 in replacement of bankrupt Air Madagascar, has presented a turnaround plan known as “Phoenix 2030”, expected to help improve […]

EU denies any plans to build a drone base in Morocco or other Maghreb States

The Delegation of the European Union in Morocco has flatly denied the news alleging that Europe is planning to build an air base in the kingdom for drones to be used in the war against illegal immigration. There is no such plans to build an air base in Morocco or in any other Maghreb country, […]