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Burundi: Main opposition picks presidential flagbearer
Burundi’s main opposition party, the National Congress for Liberty, known by its French acronym CNL, on Sunday picked the current chairman of the National Assembly, Agathon Rwasa, as its candidate in the presidential election in May. The 65-year-old candidate fought in Burundi’s civil war, as did current President Pierre Nkurunziza. “As we are […]
France lends €350 mln to Morocco’s OCP to back decarbonization efforts
French development agency (AFD) offered a financing of 350 million euros in support of decarbonization efforts led by Morocco’s phosphates and derivatives giant OCP. A deal was signed between the two institutions on May 12, as OCP seeks more funding for its 13 billion-dollar decarbonization plan. OCP had announced a plan to use100% clean energy […]
WB Offers Morocco Precautionary Loan of $275 mln to Manage Disasters
Morocco and the World Bank inked a deal under which the North African country shall benefit from a precautionary line of 275 million dollars in the case of natural disasters. The deal was signed in Rabat by Finance Minister Mohammed Benchaaboun and Maghreb director at WB Jesko Hentschel. The World Bank had said in a […]



