Poverty_in_Algeria

Morocco’s Attijariwafa Bank Acquires Barclays’ Egypt Branch

Morocco’s Attijariwafa bank Group has officially taken over British Barclay’s Egypt branch, reports say. Attijariwafa bank Group, Morocco’s leading bank group, won the transaction after beating several global bank groups, among which Emirati NBD headquartered in Dubai. The transaction estimated at $400 million will enable the Moroccan financial institution to expand its already wide network […]

Morocco will firmly respond to any attempts targeting the security & stability of its Southern provinces – King Mohammed VI

King Mohammed VI has underlined Saturday evening that Morocco will respond, with the utmost firmness and resolve, to any practices or attempts designed to undermine the security and stability of its southern provinces. In a speech he delivered on the occasion of the celebration of the 45th anniversary of the Green March, King Mohammed VI […]

Sweden cuts African development funds, Norway boosts humanitarian support

Sweden and Norway have taken sharply different paths on aid to Africa, with Stockholm cutting aid while Oslo increases allocations for humanitarian support. On Dec. 8, Sweden announced it will phase out bilateral development assistance to five countries, including four in Africa: Zimbabwe, Tanzania, Mozambique and Liberia. The goal was to free up about 10 […]