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Sahara: Madrid says its position remains unchanged belying Tebboune’s fictitious remarks

Spanish Ministry of Foreign Affairs has reaffirmed Madrid’s firm support for Morocco’s autonomy plan for the Sahara under its sovereignty, belying the recent misleading statement of Algerian President Abdelmajid Tebboune claiming that Spain has backtracked on its support for Morocco’s sovereignty over its Sahara. In his latest interview with local media outlets, Tebboune said “Spain […]

Morocco becomes observer member of Andean Community

Morocco has become an observer of the Andean Community of Nations, a free trade area mustering Bolivia, Colombia, Ecuador, and Peru. The Kingdom is the first Arab and African country to gain such a status, which enables it to enhance its presence in Latin America. The decision was made during the 20th meeting of the […]

World Bank commits $200 mln to support Ethiopia’s renewable energy program

The World Bank’s Board of Directors has approved $200 million in funding for the establishment of a Renewable Energy Guarantees Program (REGREP) in Ethiopia. These funds, to be disbursed by the International Development Association (IDA), will help the authorities in Addis Ababa to reform their regulatory framework and gear it up for private investment and […]