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Morocco beneficiary of new green financial program of EBRD & Green Climate Fund
Morocco has been selected among 13 beneficiary countries from a new green financial program worth $634 million provided by the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF). Under this program, Morocco, Egypt, Jordan, Armenia, Georgia, Kazakhstan, Kyrgyz Republic, Moldova, Mongolia, North Macedonia, Serbia, Tajikistan and Uzbekistan will benefit from […]
Coronavirus sheds 500,000 jobs in Morocco
There were 500,000 more unemployed people in Morocco by June 2020, compared to the same period last year, said the high commission for planning in its updated job market figures since the virus outbreak. The coronavirus and drought have caused a loss of 185,000 jobs in the rural world and 311,000 in urban areas, the […]
Sudan seals $6bn deal with UAE to build new Red Sea port
Sudanese government has signed a $6 billion agreement with a consortium led by the United Arab Emirates’ AD Ports Group and Invictus Investment to develop a new port and economic zone in the Red Sea. “This mammoth project, estimated to cost around $6 billion, will give a powerful boost to the national economy and bring […]



