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EBRD Morocco Contracts Reach Historic $1 Billion Milestone in 2025
The European Bank for Reconstruction and Development (EBRD) celebrated record contract signings with Morocco totaling approximately $1 billion in 2025, marking unprecedented collaboration between the development institution and the North African kingdom. The bank’s First Vice President Greg Guyett, who is on a visit to the Kingdom this week, attributed this positive momentum to close […]
Morocco to set up new gas power plant worth $415 million
Morocco plans a gas power plant near Al Wahda dam with a total capacity of 990 megawatts and for a cost of 415 million dollars. State-owned water and electricity utility will offer 20% of the funding while the rest will come from securitization and bank loans, Le Matin daily reported, citing an official financial document. […]
Sudan: Bashir faces decade in jail for receiving $25mln from Saudi Crown Prince
Sudan’s ousted leader Omar Bashir is facing at least 10 years in prison after a court in Khartoum convicted him of corruption when he admitted receiving $25 million from Saudi Crown Prince Mohamed bin Salman, MbS. The former leader accused of corruption appeared in court on Saturday on the third session of his trial. Standing […]



