MAli MINUSMA

Morocco Gets over $14 Million from China to Fund Public Projects

China has agreed to provide Morocco an economic and technical assistance worth over $14.5 million destined to finance public projects to be decided by the two partner countries. An agreement was signed in this regard Tuesday in Rabat by Moroccan minister of economy and finance Mohamed Benchaaboun and Chinese ambassador in Rabat LI L. Speaking […]

Mozambique: Court sends ex-president’s son, 10 accomplices, to prison for corruption

A court in Mozambique has sentenced the son of a former president, two ex-spy bosses, and eight others to years in prison for their part in a corruption scandal which saw hundreds of millions of dollars in government-backed loans disappear, crashing the southern African nation’s economy. Nineteen people, including state security officials, went on trial […]

EIB supports Morocco’s technopoles expansion with €115 Mln funding

The European Investment Bank has provided €115 Mln loan to MEDZ, subsidiary of CDG Group, for the expansion and modernization of ten technopoles located in five regions of Morocco. The funding supports the country’s advanced regionalization policy and its New Development Model and is in line the EU’s Mediterranean Agenda on resilience and climate transition, […]