Africa UBA

International political leaders & elected officials support in a letter to President Biden U.S. recognition of Morocco’s Sovereignty over the Sahara

Some 250 political leaders and elected officials from 25 countries in Europe and Latin America have addressed a letter to President Joe Biden expressing their support to the U.S. decision to recognize Morocco’s sovereignty over the Sahara and to open a consulate in Dakhla. “Mr. President, We, former heads of government, former ministers, elected officials, […]

Teachers’ wage hike to cost government $900 million

The Moroccan government will have to spend 900 million dollars (9 billion dirhams) in 2024 and 2025 on the new deal struck with teachers to end their long strike, education minister Chakib Benmousa said. After negotiations with teachers’ unions, the government had agreed to a wage hike of 1500 dirhams and an increase in other […]

Senegal-USA: Exim Bank commits $100 mln to improve access to electricity

In Senegal, Exim Bank of the United States has made a preliminary commitment worth $ 86 million for Senegal’s rural electrification projects. The preliminary commitment is the first that Exim Bank has approved under a recently signed memorandum of understanding with Senegal’s Ministry of Economy, Planning and Cooperation. If the transaction reaches final board approval, […]