sinai

EBRD Supports Morocco’s Green Economy with €20 Mln Loan

The European Bank for Reconstruction & Development (EBRD) has approved a €20 million loan to Moroccan Bank “Crédit du Maroc” to boost green investment of SMEs and contribute to the development of value chains in the North African Kingdom.   The EBRD funds will be extended as sub-loans to local SMEs that plan to invest […]

UN forum on African descent demands urgent slavery reparation

A recently-held UN forum on African descent urged urgent action to compensate Africa and the African diaspora for the enduring legacies of colonialism, enslavement, apartheid and genocide between the 16th and 19th centuries. The forum brought together governments, civil society and regional organizations who discussed in New York the elaboration of a system to compensate […]

First UN ship delivers food relief from Ukraine to drought-hit Horn of Africa

The first UN-chartered ship carrying Ukrainian grain to Africa since the flare up of the Russia-Ukraine conflict arrived in Djibouti on Tuesday (30 August) to be distributed in Ethiopia to help the drought-stricken nation cope with worsening hunger that threatens to become a famine. “The food on the Brave Commander will feed 1.5 million people, […]