OCP Africa

EU earmarks over €152 million for Africa’s Sahel region

The European Union (EU) announced Tuesday a humanitarian aid of more than €152 million for the African region of the Sahel. “While Sahel countries continue to suffer from armed conflict, climate change and a food and nutrition crisis, the EU is providing €152.05 million to help people in need in the region”, said the European […]

Tunisia recoups part of looted money deposited in Swiss banks

The Tunisian government has recovered a portion of money stolen by members of late President Zine el-Abidine Ben Ali’s regime, deposited in Swiss banks, the North African country’s lawyer in charge of the State’s litigation has revealed declining to indicate the amount. Ali Abbas told local media Assabah that the sums have been recovered after […]

Morocco/Earthquake: EBRD earmarks €250 Mln for reconstruction

The European Bank for Reconstruction and Development (EBRD) announced Wednesday a €250 million funding for Morocco to help the country to rebuild its economy in the regions of the Atlas Mountains that were hit by the recent earthquake. The Bank says the financial assistance is an initial response package spanning over three years (2023-2025). The […]